Hello traders as usual this setup here to guide you for the coming week. Personally am looking to go shorts from the certain criteria if meet and BTW am in already. Starting from the higher time frame.
Price is now at the peak weekly resistance so we expect a pullback to the strong hold support. That gives us an opportunity to sell and make money.
Here is where things get interesting. The level is tested and retested that gives me room to predict that prices have failed to break that level and now its bears that are about to take in control.
A clear test and retest is seen and with my late entry i still manage to take a stop loss of 40 pips and targets of 250 pips which is 6 times more.
Ill be swinging all the way down and lets meet there. CAUTION : Its gonna be tough journey but patience pays.
ALL THE BEST