Looks to be in a Daily, and H4 downtrend. Price has broke through horizontal zone and created a new low. Price looks to be pulling back to re-test structure, if price shows rejection i will be taking a sell position with targets around the previous low, and stop just above previous high.
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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.