Wait for a rejection from the strong area - red dotted horizontal line - and from the black trendline. On the Weekly timeframe, we have still valid Evening Star and the pressure looks more downwards. Short-term lower lows and lower highs will confirm that down "pressure"
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*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Comment
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I start to update: this is definitely not a rejection so, currently do not do anything!
Order cancelled
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Didn't got any retracement from the mentioned level and this trade is canceled!