Yesterday, price pushed up high to the strong resistance and rejected with the long wick. And the price has broken the ascending trendline and currently the price is rejecting the 50% fib lvl. However, we are waiting to enter the short position after the pullback is ended.
Trade closed: stop reached
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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.