First of all, it is noticeable that we have been rejected by the trendline several times since the covid low after breaking it bearishly. We then formed a double top and during that also an inverse cup&handle. The wavereader gave the signal to go short at the white mark.
I see little bullishness here in the longer term and would therefore continue to look for short entries.
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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.