As suggested, short from the downward channel, price tried to break out of it but failed from this resistance level around 0.85235. Already pull back and retest. Resistance level continue to be valid. Also, Reversal of RSI around 66 (overbought).
Target 1 : 0.84451
Target 2 : 0.8370
Target 1 : 0.84451
Target 2 : 0.8370
Trade closed: stop reached
can be a trap to stop out ppl. look like it is trying to form out another reversal signal again. we shall see.
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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.