We see the widely followed Head & Shoulders pattern formation. A short is preferable as prices close below neckline support level 88.627.
Adding confluence is that prices remain below the 200 day ema with bearish momentum.
Adding confluence is that prices remain below the 200 day ema with bearish momentum.
Trade closed manually
Banked a small profit
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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.