Twala_investment_capital

Twala_investment_capital

price is currently trading around previous area of support now turned resistance. waiting for bearish confirmation before going short.

Twala_investment_capital

Waiting for price to retest area of resistance followed by candlestick confirmation before we go short. The area of resistance is also at the 61,8% retracement level. The trade will be invalidated should price not reach my resistance zone.

Twala_investment_capital

Opportunity to go long on this retest. Price is currently creating higher highs and higher lows on the bigger time frames