Price is currently overextended and is in a pullback. I have placed a possible buy-zone on the chart, expecting a bounce on the trend-line.
Patience is key, wait for confirmation!
Patience is key, wait for confirmation!
Note
As we can see, no confirmation to go long was seen. Now we got our eyes on shorting instead
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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.