Price was in a consolidation zone after reacting to an important resistance level.
It broke the structure with a strong bearish candle
Bollinger bands opened after the breakout
MACD and RSI showed divergence.
Beware of the resistance levels.
After reaching first target, stop loss will be adjusted to breakeven.
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It broke the structure with a strong bearish candle
Bollinger bands opened after the breakout
MACD and RSI showed divergence.
Beware of the resistance levels.
After reaching first target, stop loss will be adjusted to breakeven.