Hey guys, my usual analysis starts from higher timeframes such as the daily. There i've highlighted a key level of structure looking left, a resistance area that could stop the price's rally. As i go down on lower timeframe such as 4h i can see there are two tests of this specific level (also a psychological level, 79.00) both failing in making new highs. This makes me think a reversal could be setting up and therefore i'm getting involved in the short side of this, with stops above the highs and target1 at the retest of the lows; target 2 to be determined.
If you want to share your view or simply ask questions, feel free to comment below. Otherwise, see you in the next chart!