In my previous analysis, we are running profit almost 45% before the price move to the downside. Price previously touched supply zone and have a strong bearish momentum as for now. So, here's the update forecast movement for this counter. What I can see is the price currently making deep retracement to the downside as there's a lot of selling pressure today (dated 25 Feb 2021). What I meant by 'risky' is the price still in channel movement and I might consider to entry at green zone area for a short term strategy.
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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.