This pair has formed a mini double top in the middle of a downtrend, which is not officially how a double top works, but it still brings the same bearish connotations.
If it manages to break below the prior swing low, then it is really going to drop like a rock.
I am currently short with a small position, and will continue to add more if the next support level is cleared.
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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.