- Reversal candlestick pattern suggesting beginning of a downtrend after pair came from a sustained uptrend, made new yearly highs and had double confirmation of being overbought on the Stochastic Oscillator and RSI
- Wait for break and retest of previous resistance, now turned support and EMA (25, close) on the downside
- Wait for break and retest of previous resistance, now turned support and EMA (25, close) on the downside
Note
4-hr chart- Pair oversold on Stochastic Oscillator
- Failed to break EMA (25, close) on the upside
- Look out for price to test support again
Note
Link to previous Weekly Predictions: 
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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.