L'OREAL
Short

LOREAL (OR): Decision Point & Potential Drop

231
snapshot

those the trend is clearly bullish,

the price is standing on a very important level:
we see a perfect match between strong horizontal support and support of a rising channel.

though, for now it looks bullish,
in case of a bearish breakout, it will be a perfect signal for us to short the market.

target levels are based on structure:
245
230

stop will be 265


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