A great selling opportunity is approaching as the trendline has broken, and the price is now in a resistance area. This area has shown a previous sharp fall with a significant wick, indicating potential for another drop. We expect the price to decline quickly, providing an opportunity to capture a few hundred pips. This trade is likely to be completed within two weeks. Keep a close watch on the price for the best entry point. Thank you!
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.