short

Updated
Dead cat bounce from current location
Bearish engulfing candles on weekly & daily charts

t1 - 1.42
t2 - 1.4

After we reach t2 we could look for potential long positions.
Note
so far so good. I closed the trade in the meantime since I realized a nice 1:1 gain, I will consider re-entering with a sell stop order below recent lows.
Trade closed manually
Trend Analysis

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