Price has to break through tough resistance, third bounce is likely to break through. There are two strong buying rejection candles shown on the 12 hour. Confirmation of this SR break if price makes that higher high past the SR zone. Go long for a 1:2.2 RR trade.
Good trading all!
Good trading all!
Trade active
Still active..Trade closed manually
Looked to hit strong Resistance, closed earlier
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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.