Price broke the descending channel and previous weekly high and a weekly resistance, also it is making a pullback in daily, and in 4H it is almost bullish, so a long position taken and the TP is put on that last high that makes the bearish trend near the next monthly resistance.
R/R = 1:2.25
R/R = 1:2.25
Trade closed manually
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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.