Price dropped in an impulsive wave, breaking below previous HL and is now retracing into a corrective structure towards the upper parallel of the median line. Going short with sl above previous swing high and aiming towards the median line is a nice idea.
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.