A breakdown of consolidation up may give an opportunity to take a long-term short position. Break down is also a good opportunity to take a long-term short position.
Note
Long-term target:
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Order cancelled
Note
I'm waiting for a stop and short-term consolidation.Trade active
Trade closed: stop reached
Trade active
I use the next long-term resistance level 1.1715 to open a short position in order to roll back down by about 300 points.
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Related publications
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.