There are some fighting in current zone and the patterns are still not really sure for short.
Maybe wait until the price retracts a little bit back to the corrected down trend channel top line area then short again with lower risky.
But if the price could break up the down trend channel top line and stand up on the line, then, the short strategy will not be active.
Maybe wait until the price retracts a little bit back to the corrected down trend channel top line area then short again with lower risky.
But if the price could break up the down trend channel top line and stand up on the line, then, the short strategy will not be active.
Order cancelled
Since the price has break out the down trend channel top line area with strong power, the short strategy is no longer available.
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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.