A trend reversal from 0.5 retracement level of previous bull rally, and subsequent lower highs are a strong indication for the upcoming bearish trend.
The strong bearish candlestick pattern on the hourly chart at the current price might be indication of a new lower high, making it a good time to short.
The strong bearish candlestick pattern on the hourly chart at the current price might be indication of a new lower high, making it a good time to short.
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