1. Price is being held resisted at the 106.40 price level. We see that price crossed temporarily above this level and quickly sold off lower. Price is retesting this level again and is being held resisted.
2. I see this as a good place to enter short for a decent R:R.
2. I see this as a good place to enter short for a decent R:R.
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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.