It has very big support from many sides lets start from the strongest thing ,
1 . we have the monthly trend and the price already reached to that trend ( the red trend )
2 . we have the weekly trend and the price reached there also ( the blue trend )
3 . we have up trend on 4h time frame has been broken and the price came back and retested ( the green trend )
4 . we have also H&S but we are waiting for the left shoulder the continue and break the neck line ( the black trend )
after the break it will be very good opportunity the go short .
the stop will be above the head and the take will be at 0.75000 good luck for all .
1 . we have the monthly trend and the price already reached to that trend ( the red trend )
2 . we have the weekly trend and the price reached there also ( the blue trend )
3 . we have up trend on 4h time frame has been broken and the price came back and retested ( the green trend )
4 . we have also H&S but we are waiting for the left shoulder the continue and break the neck line ( the black trend )
after the break it will be very good opportunity the go short .
the stop will be above the head and the take will be at 0.75000 good luck for all .