As it can be inferred from the chart, the price is forming a top at the area of resistance and preparing to start dropping. We will be looking forward to open short positions around the zone marked on the chart and aim for the 1.4 level of support.
Feel free to drop your ideas and opinions in the comment section below, family!
Feel free to drop your ideas and opinions in the comment section below, family!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.