Price has managed to break the ascending trend line & closed below both 50 & 25 EMA we can expect price to trade higher to print a double top or price could accelerate lower with a push Sl is place above the previous high and TP is place at the 61.8 fib retracement with 1st TP @ the next structure level.
Trade closed: stop reached
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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.