As we can see price took a massive nosedive in the past and has tested the highlighted resistance level several times before dropping below it.
I can see there is a setup coming to go long and get a fair few pips!.. Once price breaks out of resistance I think its safe to go LONG and hold the position until it shoots back up to its old highs.
I can see there is a setup coming to go long and get a fair few pips!.. Once price breaks out of resistance I think its safe to go LONG and hold the position until it shoots back up to its old highs.