Price is in an overall downtrend but it was in a short-term uptrend. It created a change of character which indicates an end of the short-term trade. No I'll wait for price to retrace and mitigate the order block that lead to the change of character. I'll wait for confirmation in order to enter a sell position.
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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.