We can see on the daily TF that price has now hit this descending TL for the third time, where we are at a structure level, 38.2 fib level and the 50EMA acting as support. With a confirmed entry being on the 4H TF (huge Bearish wick)
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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.