price is back to the resistance zone. on the daily timeframe a close above the trend line will give us long position signals and a close below will give us short entry signal, but for the short entry position its better to use a stop limit order just bellow the critical zone in blue.
support and trendline retest. hour candlestick shows a rejection of those levels
resisted sesistance level 1.17167 once again. trend consolidation, broke the rule of an uptrend (next high always higher thn the previous high) NB: if doent break, analysis not applicable