The price in channel and the structure still don't have any sign to make new Higher High. So for this setup, I prefer to short at resistance trendline, significant resistance and strong supply zone. For this entry I'm risking only 35 to 40 pips away from my entry point in red zone area.
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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.