I predicted price to move up after the rectangle was formed till it touches the downtrend from 1 week. Is it advisable to go short once it touches the trendline?
Trade closed: target reached
The short position after touching the outer trendline was valid and went down about 80 pips
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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.