-The price followed a really strong uptrend, breaking an important weekly support (during a period of high and high momentum) but rejected from the .
Since the beginning of August until November the market followed a consolidation phase, bouncing twice on our important weekly support.
-The price was oversold and getting more momentum, enough to move up; An pattern confirmed the uptrend.
-The price actually is still in a strong up trend, trying to reach the main , an historical level that rejected the price several times in the past;
In my opinion is not the right moment to entry short, the market is still moving up and there is still no sign of inversion.
Once the price will reach the , an accurate analysis of the price action could give us a nice opportunity to get a big short position.
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