The price is trading below the weekly and daily resistance confluence. All the relevant support and resistance levels are marked on the chart. I think it may still try to reach that resistance marked as 1DR1 before a significant pullback. A short will be favorable if the price hits that 1DR1. I will post the trade setup if the price reaches there and I am there to take the trade.
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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.