Today we will focus on the , Main Items we can see there:
a)Price is below the ascending
b)A corrective structure was formed finding resistance on the broken ascending
c)The fact that the price couldnt re enter to the ascending zone, is a good signal for the Short Thesis
d)Currently we can see an expanding channel that gives us an idea of the possible movement of the price
e)We Think that the current structure is a good spot to look for short scenarios, like trading the breakout
f)If you are planning on taking this trade, look for final arraegments on a lower tineframe, like 1h/4hs
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