We can see price is beginning a downtrend on a higher timeframe, so I made my call for price to retrace to previous support at 0.6886 for a short position. Price has now returned to support and agree with my call, so I am entering a short position with an SL at previous head and shoulders support. (Entry for shot or swing trade)
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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.