What do you think?
I don't think we are able to break 31k resistance yet. We are forming an ascending triangle (bullish), that can break up or down.
Actually I'm in short since 31100.
-We have a potential double top with a bearish divergence.
-Potential HS reversal from 31400 to 29800.
-Volume is fading down
-Bearish pin bar.
My conclusion is that we need a retracement from here. The final result of the triangle will be decisive for the upcoming months.
I don't think we are able to break 31k resistance yet. We are forming an ascending triangle (bullish), that can break up or down.
Actually I'm in short since 31100.
-We have a potential double top with a bearish divergence.
-Potential HS reversal from 31400 to 29800.
-Volume is fading down
-Bearish pin bar.
My conclusion is that we need a retracement from here. The final result of the triangle will be decisive for the upcoming months.