I think the overall market is in the downtrend, one should look for the selling opportunity. In my personal opinion, Price gave a moderate rejection at the resistance starting to form a hanging man or bearish close or whatever may be the case at 4 hr time frame. If the candle closes around 0.72925 level then you can take a sell entry to put a stop loss at 0.74033....
I think the overall market is in the downtrend, one should look for the selling opportunity. In my personal opinion, Price gave a strong rejection at the resistance forming a bearish engulfing pattern to conform the sell order with a stop loss at 113. 27 level on the daily time frame. I am bearish with this trade. A possible profit target can be around 109 or...
