Price is currently in the MAJOR resistance area and is rejecting the diagonal trendline
The more touches on the larger timeframe the stronger and area is and tends to reverse
So we are looking at a possible reversal to come.
Zoom in on a smaller timeframe for a good entry.
The more touches on the larger timeframe the stronger and area is and tends to reverse
So we are looking at a possible reversal to come.
Zoom in on a smaller timeframe for a good entry.