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
Trade active
As expected the price got rejected at the resistance.
Comment
Goood progress on this one. 32 $ is a conservative target
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