In this setup we have a strong downtrend which is in a range of the two horizontal lines... price gave a clear price reversal at the trend line and a head and shoulder setup is visible, Good entry will be on the weekly or daily close of the candle, for a very good swing to the downside, let me know your thoughts...
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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.