After a clear downtrend there appears to be a consolidation , and resistance and support are parallel to one another.This appears to be bearish rectangle ,therefore once it touches the resistance it is more likely to go back down and test the support which it should eventually break and continue its downward movement.
Therefore a short sell opportunity is at 0.71339
Therefore a short sell opportunity is at 0.71339
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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.