short oppertunity at weekly resistance zone

9 thg 7, 2017

as i have mentioned this potential area for both short and long trades in another idea. the price has almost reached the potential area. the price action of last week is telling me that we are going to get a nice short trade. the stoch in daily is overbought and crossing over. in 4 hour we have nice divergence in stoch as market is making new highs the stoch is making lows. so keep an eye in the zone marked in the chart for bearish price action foe a potential reversal and aim for the trendline for profit tatgets