Following the recent impulsive breakout of the ascending TL... we will be looking to enter shorts on a pullback to retest it in confluence to the 0.5 fib retracement, previous area of support (which is now key resistance), and the MA50 which has shifted its momentum to the bears.
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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.