Comments on the chart. Till the trend changes I believe the risk is to the downside. Any upside will be considered better entries for shorts. However a close above the dotted trendline is a game changer for me. It is a short but from where is the trader's question.
Note
Price is right at the extension of the dotted line. For this idea to remain credible it has to turn from near here
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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.