Upper channel has being tested which signals a continuation of the overall trend which is bearish. Plus, a bearish flag has formed which gives extra confirmation. Wait for price to break the entry confirmation before entry. I suspect this trade to be a bumpy ride.
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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.