Apparently another fading short opportunity here. Pending price action confirmation and invalidated if price proves itself bullish beyond the angle line. Level of interest ≈ 5265, a 70 tick stop and 1R-3R targets.
Trade active
Short @ 5270, a 70 tick stop @ 5340 & 1R-3R targetsNote
Limit buy order @ 5200 to close 1/2 of the positionTrade closed: stop reached
Trade closed with 1R loss
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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.