Previous price action patterns suggest we will see a rejection around 4710-4720.
Look at the similarities between current price action and price action in May 2012 and September 2021.
May 2021:
September 2021:
Compared to now:
I plan to sell the 4710-4720 zone unless price action strays away from the pattern.
Look at the similarities between current price action and price action in May 2012 and September 2021.
May 2021:
September 2021:
Compared to now:
I plan to sell the 4710-4720 zone unless price action strays away from the pattern.
Note
Adjusting my sell entry from 4710-4720 range down to to 4700-4710 range 
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.