Price was in a consolidation zone after reacting to an important resistance level.
It broke the structure with a strong bearish candle
Bollinger bands opened after the breakout
MACD and RSI showed divergence.
Beware of the resistance levels.
After reaching first target, stop loss will be adjusted to breakeven.
It broke the structure with a strong bearish candle
Bollinger bands opened after the breakout
MACD and RSI showed divergence.
Beware of the resistance levels.
After reaching first target, stop loss will be adjusted to breakeven.