After breaking out of previous structure, we are now bearish on this metal. For us to go short however, we need to see a decent retracement back up to retest the channel. In the mean time, it is a smart idea to catch the move up and we are now presented with a nice R:R trade.
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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.