Previously we got stopped out after a breakout higher. But this breakout has formed a false breakout and fell back to the downward channel. We are looking to short once the price retraces higher to retest the broken support turned resistance.
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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.