AS long as the current candle doesn't close above 82~82.10 then the move down is valid.
Note
If you have an open position, I would suggest to close it for the moment and open it back once the next sell signal appears. Even though it is bearish on the 8H, it could get volatile and do a high test. Therefore, the safest option would be to stay out until the next sell signal appears. That is, prices going back down to 81.80 and failing to make a move up.Note
As the price went back down under 82 and was failing to find support, the long term short with more gains became available.
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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.