As long as the price does not go below the A point I will look to short at the blue line with targets of green line and stop loss above red line. If price action seems bearish enough at TP2 (for instance large bearish candles and a break of the yellow flag line) I will consider holding for lower targets. Please feel free to share your view or offer any feedback.
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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.