This is a great pair to trade this week. You can really see the trendline break and retest but last week produced a bearing engulfing so we are looking to sell at 50% retrace which happens to be at resistance which makes great confluence for this trade.
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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.