MARKET IS SIDEWAYS. PRICE OPENED UP AT MM2 & PIVOT TARGETS SUGGEST PRICE IS HEADING TOWARDS MM4. RESISTANCE ZONE IDENTIFIED BY ORANGE BAR. STOCHASTICS IS OVERBOUGHT. THE IDEA HERE IS TO WAIT FOR PRICE TO GET TO THE TOP OF THE RANGE (1.08000) FOR A POSSIBLE SHORT SETUP.

MARKET IS ALSO SIDEWAYS ON THE H4 CHART. ACCORDING TO THE 5&8 MOVING AVERAGES, PRICE IS BULLISH AS THE 5 IS ABOVE THE 8. RESISTANCE IS AT THE TOP OF THE RANGE AT WR2/1.08 SO I WAY PAY CLOSE ATTENTION TO THE ZONE MARKED IN ORANGE. STOCHASTICS IS ALSO OVERBOUGHT ON H4.

MARKET IS BULLISH & PRICE HAS MADE HH & HL. STOCHASTICS ALSO OVERBOUGHT ON H1. AS A BEAR I AM WAITING FOR PRICE TO GET HIGHER AT RESISTANCE, ONE WOULD EYE THE CLUSTER OF RESISTANCE AT DM4/1.08 PSYCH, DR2 WHICH COINCIDES WITH WR2.