I am currently in a short trade, following the trend on the 1-hour chart. The price has broken below the lower channel, signaling a continuation of the bearish trend. A strong bearish momentum has developed, leading to the formation of a significant bearish candle that has decisively broken through a key support level.
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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.