Price reached major resistance zone which got rejected multiple times in the past.
Resistance zone is also the weekly 0.618 daily fib level.
Theres a bearish RSI divergence which is a sign for a bearish reversal.
RIsk reward ratio is good
risk 1 get 3.75
Resistance zone is also the weekly 0.618 daily fib level.
Theres a bearish RSI divergence which is a sign for a bearish reversal.
RIsk reward ratio is good
risk 1 get 3.75