confluences: 1)overall trend (uptrend) but price recently just break through the trend line and did a retest at the fib level of 61.8% 2)area of value : support and resistance level and Moving average show a sign of downtrend 3)entry trigger : waiting for next candle to show a strong bearish candlestick before entering the 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.