I believe now would be a great time to enter in this trade to short it, to me I think on a weekly chart we see a descending triangle and currently it is getting closer to breaking below it's original support line. This current resistance it is trying to fight through has been well respected multiple times. No reason why you should not try to short this trade and with how little the risk is here.
~JS
~JS
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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.