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.Note
Goood progress on this one. 32 $ is a conservative targetTrade closed: stop reached
stop loss hit
💥 Free signals and ideas ➡ t.me/vfinvestment
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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.
💥 Free signals and ideas ➡ t.me/vfinvestment
Related publications
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.