1. clear downtrend
2. support zone was broken, price is retesting the zone as resistance for the second time
3. bearish engulfing candle on 1h
2. support zone was broken, price is retesting the zone as resistance for the second time
3. bearish engulfing candle on 1h
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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.