Reasons for this trade:
1. It broke the trendline confirming a reversal for the downtrend
2. Its currently at a zone (78.6 - 88.6)
3. As long as it doesn't break the last high ( at the 100%) then this will be a nice bearish move
1. It broke the trendline confirming a reversal for the downtrend
2. Its currently at a zone (78.6 - 88.6)
3. As long as it doesn't break the last high ( at the 100%) then this will be a nice bearish move
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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.
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.