Market is in an overall uptrend
price resisted closing over 150 after trying 5 times
1h chart shows bearish engulfing as well as red ema crossing blue as a bearish confluence
price previously retested 149.50 as level of support , also structured at 78.6 level on fib
price will retest 149.50 and then head to 151 level this week
price resisted closing over 150 after trying 5 times
1h chart shows bearish engulfing as well as red ema crossing blue as a bearish confluence
price previously retested 149.50 as level of support , also structured at 78.6 level on fib
price will retest 149.50 and then head to 151 level this week