"My current expectation is that the price will continue to move within the descending channel on the 1-hour timeframe. I'm waiting for the price to retest the upper boundary of the channel. If a valid bearish confirmation signal (such as a reversal candlestick pattern) forms at that level, I plan to enter a short position."
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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.