Price has reached channel resistance and is showing several signs that it could reverse from here.
Wait for price to break below support before entering short.
- A doji (indecision)
A gap up
Horizontal resistance between 49-50
Wait for price to break below support before entering short.
Order cancelled
Trade invalidated
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Related publications
Disclaimer
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.