Update, zoomed-in for clarity, added breakout trendlines...
Still biased short, enter on confirmed breakout...
Alternative: If we break the trendline drawn over the tops to the upside we can consider longs again...
I prefer the bearish scenario! Waiting for confirmation...
Still biased short, enter on confirmed breakout...
Alternative: If we break the trendline drawn over the tops to the upside we can consider longs again...
I prefer the bearish scenario! Waiting for confirmation...
Note
Seems ready to fall, looking for a lower TF sell setup now or enter at market with SL above the high of the corrective pattern at least...Note
Looking good still...
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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.