Please see chart comments - clear bearish weekly market structure so favour short ideas. Week is closing on an inverted hammer candle, which acts as a continuation 70% of the time. TP - swing low, SL - swing high. This trade does not have very good R:R, however. We seem to be in a range at price at the moment is close to midway so admittedly not the best time to take a trade (the range low or high being better)
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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.