- Stochastic Oscillator indicating that pair is overbought - Pair approaching previous resistance
Note
4-hr chart
- Neither overbought nor oversold - Possible Double Top - Tentative support and resistance lines drawn in red
Note
Predictions: If price reverses at 1319.21 (previous resistance from 4-hr/hourly chart) then enter a sell and this line may function as resistance for the duration of the week … If not watch how price interacts at 1323.59, this is the previous resistance from the daily
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