XMRUSD ❕ resistance level Short

Description

⋅ Aug 22, 2023 12:50 PM

The price and RSI charts have formed a bearish divergence (1H TF)
RSI indicates that the buyers have weakened.
I believe that XMR will start to decline after retesting the resistance and fixing under it.

Comments

SwallowPremium

⋅ Aug 23, 2023 5:51 AM

That’s one possible option, thanks for the post!

pejman_zwin

⋅ Aug 22, 2023 2:27 PM

It's definitely a possible scenario.🔥

ArmanShabanTrading

⋅ Aug 22, 2023 2:14 PM

Very clear and informative, well done!

KABHI_FOREX_TRADING

⋅ Aug 22, 2023 1:40 PM

Perfect resistance zone