As we are trading at the resistance level we do expect sellers to kick in and push the market to the downside. Look for confirmation on lower timeframe to enter short and target the next previous low. The market could break above and be bullish but we need to wait for a breakout.
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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.