Based on the chart, a major resistance area is broken and a pull back happened. Then we can see a weakness on buyers and on the other side there is a strong supply.
So it can be a good opportunity to sell with a good risk/reward ratio.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good luck!
So it can be a good opportunity to sell with a good risk/reward ratio.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good luck!