there's method in Price Action, that called 2B pattern or spring. (if you like search about it) another confirmation for a bearish trend that is coming including my method, i mean Classic Elliot Waves. 2B pattern says that in these situation (like here) price will come down and put a sell stop on that candle. ♥ love u all
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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.