Price generally is in a downtrend, so trading according to the trend...with the red line indicating that price actually is on a downtrend with so many touches and we have a mini uptrend which was broken and then Is resting on the zone which we take our entry
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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.