Price is pretty bearish so we have 3 options. First is riding the bearish momentum now and target the support level. Next is a a breakout of the resistance level to retest the previous resistance level and still be bearish. Lastly, a break below the support level and enter short on the retest.
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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.