Given the weighting of mean period volatility, the bearish expansion of probability volatility, and rejection from institutional benchmarks, a sustained downtrend is now probable.
A short entry from this current price is an excellent idea.
Set a stop loss above 7000.
This trade has over a 6 to 1 profit ratio.
Use this trade as a hedge, a longer term position on a futures contract.
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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.