-price is making a higher high, it's bullish sign - orange line represents the activated buyer zone, a chance to pull back from that level conformation - if price breach purple line( its represent buyer zone )
pro - cup handle pattern - overall trend bullish - stock is trading around long term resistance zone if its break resistance, good up move expected con - stock may go to demand zone - stock near supply zone buy with stop loss
its good chance to short USDCAD, its took multiple time facing resistance on marked level
good chance to short GBPUSD its already broke crucial support level
target - 88 stop loss - 72 RR - 1.2+