Why? Check the daily timeframe, price broke the trendline and has found resistance below a previous support zone. It form a bearish engulfing pattern below that level and trendline. I entered first but I didn't place my stop-loss properly. Got stopped out from the first trade. I've entered again risking less of course Let's see how it goes
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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.