I think whole corrective structure is about to end soon and as indication we have a potential wolfe wave pattern on daily timeframe with magnificent RR ratio. Can try to short from grey box area with SL above it or wait for confirmation when price breaks magneta line to downside and SL over point 5 . First target is at brown line and second once reached green line.
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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.