We are up at the weekly reversal zone [email protected] 1.1305 WR2 @ 1.1370, 4hour&1 hour stochastic are in over brought zone? . We are also at psychological level 1.3000.
1– Reversal zone
2– Stochastic are in over brought zone
3– psychological level.
Smell like a plan.
Wait until you see a reversal pattern on your charts like a 1 2 3 pattern, fib retracement, at a support or resistance level .
Price can stay in over brought zone for a long time if every trader on the planet is buying. Study price action get to know when price is starting to reverse. Make sure it is at support or resistance level
Have a great day trading