Over the last two weeks we have see and consolidation in a transition zone with lower lows. Currently price is sitting above a volume point of control. A point of control like this can provide substantial support or resistance. The sagging RSI leads me to believe that price will drop however before entering the trade id like to see price fall below the point of control. If that happens I believe price will fall to the next volume node. Enter around 148.048 Stop at 148.800 and target at 145.060.
Happy trading
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Happy trading
Look at my other suggestion and if you like what you see, Like Share and subscribe!
Trade attivo:
If you haven't entered yet now would be a good time.