Every time price reached this level in the past 12 months it has moved straight back down. I will be shorting.
do you think now is a good time to short.
I am thinking that this pair will start a new uptrend.
I will be looking for a good short entry position on this pair.
This pair I am still waiting for. It has tried to break that top resistance level but has failed and came kind of down and sideways which to me is a confirmation that we will be seeing a new downtrend.
I think that it will remain in a uptrend, even tho faking it through my trend line last week. I will be hoping to place a long position some time in the morning.