As you can see, price has been bouncing around this support/resistance zone. Which means prices in that zone are really attractive to banks/institutions etc. and traders like you and me. There's also a nice supply zone that validates my short position even more. Trade safe, and use proper risk management.
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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.