1. Price is in one trend, also there we can see two situations, Case A: price is in trend so, again it can bounce Case B: price is having bullish Divergence so, both the cases pointing bullish move
2. Also, next if price breaks the key level properly, then we can wait for a retrace to enter short position.
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.