On a break below this flip zone, a short becomes very interesting.
It has all things you need: Head and Shoulders, completed Fibonacci, break below the 20 SMA and momentum to the downside is becoming greater >> distribution between bullish and bearish candles is changing.
Make sure to wait for the price to fully break the current zone.
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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.