I think that we have here a great chance for a litte shorting opportunity.
At the top we have the orange Weekly trendline, which represents a strong resistance.
Furthermore we have an ascending wedge on the 4H timeframe, and an overbought RSI - STOCH indicator, which are all confirming an upcoming short.
So, go for it and take some serious profits.
You can enter now or wait for 79.600 to enter.
TP at 78.800
Tight SL at 79.750
At the top we have the orange Weekly trendline, which represents a strong resistance.
Furthermore we have an ascending wedge on the 4H timeframe, and an overbought RSI - STOCH indicator, which are all confirming an upcoming short.
So, go for it and take some serious profits.
You can enter now or wait for 79.600 to enter.
TP at 78.800
Tight SL at 79.750