1. Price just hit some fresh daily Supply after a big rally 2. Price at the top of upward channel 3. RSI and STOCH overbought zone 4. Price is at major resistance
I am currently bearish short term but Bullish medium term due to the double bottom on Daily Demand Zone. I will look to add long positions after I see bullish Price Action around the 0.7800 handle.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.