Price has respected a significant downtrend on the H4 with multiple respected touches. Price has tried to move past strong resistance area but has failed now it seems to be trending down. If we respect the trend line on the way down then look for shorts.
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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.