We have ongoing uptrend on HT but in LT we've broken the uptrend with a LL. On 30M TF 200 EMA is support at the moment . We need a bounce off of it to the north so the RSI and MACD can cool off and a LH to be created so the new downtrend to be confirmed. I am waiting for a bounce and further downwards move or break of the 200 EMA to the south and retest to enter a short position. NFA
Order cancelled
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Price went much higher than expected and maybe will continue its uptrend, so this trade idea is invalidated.