Rejected resistance
rejected bearish trendline
Blue ema turning back
We've continuously tested the current trendline, and today a spike to the 33 region and came back closing inside the trend (4h)
on the 1h we see that the price is coming down from the region, i think we could see some struggle at the blue/grey strip, but overall i think that it is going to retest the green trendline (1W)
if we break and retest the blue stripe, i might reenter and move stops.
rejected bearish trendline
Blue ema turning back
We've continuously tested the current trendline, and today a spike to the 33 region and came back closing inside the trend (4h)
on the 1h we see that the price is coming down from the region, i think we could see some struggle at the blue/grey strip, but overall i think that it is going to retest the green trendline (1W)
if we break and retest the blue stripe, i might reenter and move stops.