Following a bullish phase and distribution phase, the market has entered into bearish trend on 1HR TF. Currently, it is showing a pattern of lower lows and lower highs, signaling a shift towards a bearish trend. 0.76 and 0.61 are downside targets for short sellers.
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TP1 Hit.Move SL to BE.
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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.