In a daily timeframe downtrend. Looking to take a short position after a correction/pullback. Confluences include 50% fib retracement, outer trendline touch, and weekly high resistance. I prefer entries off 61.8% fib level unless multiple confirmations are presented.
JPC
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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.