The trend is short on every major timeframe, and the market has a nice room till the correction fibo 38.2
There are 2 clean (not yet tested) H4 breakouts that can be excellent entry zones for short trades.
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Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
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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.