The rise on the chart isn’t supported by volume… That’s why I’m expecting this uptrend, which is already moving very close to the trendline, to break down suddenly. At the same time, there’s a bearish divergence on the RSI. So, I’ll be taking a scalp short around the 0.042-0.043 zone with a tight stop-loss.
Trade closed: target reached
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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.