Price is currently at a level that could turn into a 5th hit to a Daily trend line. Once price continues to respect this zone, drop to a lower time frame and wait for a reversal pattern to form before looking to enter a bearish trade.
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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.