Possible short
Note
Bar at the top middle close is an indication of incoming supply. Last bar is in inside inside bar indicating contraction, further confirming that supply is present, When price swaps (red lines) we short on retest w/ low risk high prob entry to downside. Take 50% profit at bottom on the mountain adjust to recent swing high and let the other ride until stopped out.
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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.