This is an alert that this may set up to be a "1.13" short. This could be utilized within a possible bullish Cypher/Shark pattern as well. The "1.13" is focused on capturing some of the initial move down towards the Cypher/Shark PRZs. The two go hand in hand.
Note that we are coming into an established resistance area for this potential short setup.
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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.