Based on the chart, previously a major support area is broken and now price retouched this area (which acts as resistance zone) for once time again and a rejection is happening. So based on this scenario a good opportunity is provided for sellers at this area to sell with a low risk and high gains! therefor I would be seller at this area with considering good risk/reward ratio which is provided. Note: As always please take risk management rules into consideration before opening any position on the market. Good luck!
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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.