A break, hold and close above the trend line resistance on the Daily chart and this 'Short' scenario would be negated... so stops above the trend line resistance should suffice for this short trade.
This analysis is designed for a swing trade that would typically last for days even weeks.
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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.