Short towards ascending trendline in retracement trade
Currently pair is retracing back with price capped by descending trendline , providing short opportunity towards test of ascending trendline , from where we may se price bouncing back , stay short till price is below descending trendline. In case close above Long on retest as major trend in 4hr is towards up.
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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.