We could be in a correction wave of the larger downtrend. The main reason is to short on the daily resistance.
Note
Current position under water, there a number of bearish signs to believe that a pullback will occur. If not I will plan my exit to close current positionOrder cancelled
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Disclaimer
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.