On the chart we can see a rising channel. Looks like the price may stay in this upsloping channel, a bit longer.
We can entry short at the upper boundary.
Invalidation of this thesis would be if the price breaks above the upsloping resistance line.
We can entry short at the upper boundary.
Invalidation of this thesis would be if the price breaks above the upsloping resistance line.
Trade closed: target reached:
done
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