Price reached major resistance zone, which got rejected multiple times in the past.
There´s also a strong bearish RSI divergence which is a sign for a reversal.
Risk reward ratio is good, risk 1 get 2.5
There´s also a strong bearish RSI divergence which is a sign for a reversal.
Risk reward ratio is good, risk 1 get 2.5
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.