The blue area is a possible resistance from the weekly timeframe. I am waiting for a possible double top where a second top must be above pinbar's high and must be ferociously rejected. In that case, I might sell or wait for a retest of the rejection candle. If I am correct about this, the target will be some area of liquidity downside from here.
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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.