On the chart, we can see the price broke key level that was acting as a support. Now we are expecting that this level to act as a resistance. Therefore we recommend to enter short position. We recommend to place the stop loss above the resistance.
Target : 31,30
MACD looks bearish which is our confirmation for this short position.
Good luck
Target : 31,30
MACD looks bearish which is our confirmation for this short position.
Good luck
Trade active:
As expected the price got rejected at the resistance.
Comment:
Goood progress on this one. 32 $ is a conservative target
Trade closed: stop reached:
stop loss hit
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