The price continues to form the movement that we expect from the beginning of this week: First, it fell from the resistance level, bringing us 50 profit along with a sell signal.
Then it turned around in a small correction and touched the resistance level again.
The next step in the price should be a fall Since a small breakdown by the candlestick's shadow and a return beyond the resistance level indicates that the price will not have enough strength to continue growing.
I expect it to fall to the support line. And this is a great entry point to open a sell trade. I never tire of reminding you of the importance of SL - set it above the resistance level around 1.219. The price target is the support line, and the TP is at about 1.172.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻