Both daily and 4H time frames are showing:
Looks like a high risk reward short entry position. Shown short setup is a possibility of how this could be traded
- Reaching up to long term S & R
- Bearish divergence
Looks like a high risk reward short entry position. Shown short setup is a possibility of how this could be traded
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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.