Im looking to countertrend this pair since we already have reach the monthly target

Markets is flat (ranging) and price is bullish but the stoch is heading to overbought and its at the top of the range .price came of near MM2 1.2319 with a target of MM4 1.2825.According to Pivot point theory ,bulls have reached their monthly target so as a bear now im looking for opportunities to short this pair since price its at the top of the range at my resistance which is pink. i will be looking to enter at my smaller time frames

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