In the previous week price tried to break resistance, however price failed to close above the resistance level and make a false break.
Based on this reason we can try to take a sell position after price break minor correction. But we need to beware on opening market this monday. If price make a gap up. we can wait until price show some bearish pressure.
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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.