We noticed rather strong resistance, which has been in decline here. The vision is clear here: we want to see another touch in the upper zones and a potential drop from there!
EMAs are currently holding the price, which seems like a good spot to bounce toward resistance.
Swallow Team
Comment
The price has started to move towards our upper. As we wait for the price to reach that zone, we will also be waiting for weakness near that zone. So let's wait and see—all we need is a confirmation of rejection near that zone, and we're good for short from there!
Comment
We are still waiting for that touch to the resistance zone. As soon as we see it, we will be looking for an entry.
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