Price rejected resistance zone multiple times in the past.
We broke 50 EMA which serves as support.
Risk reward ratio is good.
Theres also a strong bearish RSI divergence, which is a sign for a bearish trend reversal.
We broke 50 EMA which serves as support.
Risk reward ratio is good.
Theres also a strong bearish RSI divergence, which is a sign for a bearish trend reversal.
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