The daily price bias is bearish, but the current price is ranging, and the chart shows a rejection. While it's not certain the price will continue to fall, this does indicate a slight opportunity to open a short position.
Trade closed: stop reached
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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.
