1. From the look of my analysis, the last candlestick has touched the resistance line. Therefore, the chart itself may be getting ready for a reversal to a downward trend.
2. It is also considered as "overbought" and seems the bears may be turning the table around this following week.
3. Be cautious and use your judgment to determine a trade.
-Happy Trading-
2. It is also considered as "overbought" and seems the bears may be turning the table around this following week.
3. Be cautious and use your judgment to determine a trade.
-Happy Trading-