In the higher timeframe, we are probably doing a pullback. Also, the lower timeframe looks bearish. For today, we see an opportunity to go short (with the main direction). Traders should wait for a clear ABC up and then initiate a short.
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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.