Retrace Time Maybe
*Current Status*
- Rolling into Weekly and Daily Resistance Zone with ease.
*My Expectation*
- Expecting a retrace to the previous Resistance Zone (which has now become Support) for another push to test the Resistance Zone again (1.91750 and 1.89964).
*Alternative Scenario*
- The Daily / Weekly Resistance Zone HOLDS ITS GROUND FIRMLY and instead, break the current channel to downward side.
Note: RSI Overbought on Daily and approaching the Overbought on Weekly
- Rolling into Weekly and Daily Resistance Zone with ease.
*My Expectation*
- Expecting a retrace to the previous Resistance Zone (which has now become Support) for another push to test the Resistance Zone again (1.91750 and 1.89964).
*Alternative Scenario*
- The Daily / Weekly Resistance Zone HOLDS ITS GROUND FIRMLY and instead, break the current channel to downward side.
Note: RSI Overbought on Daily and approaching the Overbought on Weekly
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