A bearish bat pattern is almost complete in the daily chart, it provides a potential reversal level from 134 to 132. In the larger timeframes, the market is in the downtrend, so this selling opportunity is a follow trend trade. I will wait for the market to reach 134. If any confirmation signals show up later, I will decide should I short the market.
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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.