This is a very good short trade setup. The price is trading below the Ichimoku cloud, as well as the 50-day and 100-day moving averages. The bearish momentum is confirmed by the downward trendline, the MACD being below zero (indicating bearish sentiment), and the RSI, which is also below 50.
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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.