rejecting the daily descending tl on the 4th tap, hourly we can see a rejection of the 50 EMA, 4hr we are nearing the 61.8 fib, if we can break this I will look to go short, if not expect a rejection to the TL and a possible short position to form.
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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.