Lower High and Lower Low have just been formed in the m5 timeframe, showing the validity of the sell setup. The bullish trendline has just been broken and retested, creating a lower high. Sell! Sell! Sell! Hurray.
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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.