Price has been stopped by the Upper Median Line for the 2nd time in 2 weeks. Should the price fail to penetrate this resistance, there is a good chance that it will give back some of its gains this week (0.764 retracement/blue triangle zone).
Either wait for a bearish close before entering for the conservative or enter a sell trade with a S/L just above the high on 08/09/2017 for a more aggressive trade.
Either wait for a bearish close before entering for the conservative or enter a sell trade with a S/L just above the high on 08/09/2017 for a more aggressive trade.
