Opening short position because of bearish indications at the entry point. Chart is forming ABCD pattern, So the D point is Tp for this short position. After the ABCD Pattern formation, A long position will be opened with RR 1:1.
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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.