The overall trend on this is bearish and it has a steep downward slope, however, as a little entry and to bag a few pips, I am thinking as per previous support price will hit the purple shaded box and bounce off towards the blue diagonal line and then continue the bearish trend.
Trade closed: target reached
Or it could just spike like that!
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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.