But it's also not the best time to close it. The indicator RSI is in a state of extreme oversold. So I would not expect a protracted decline. Those who already holds a short position, I would advise to focus on the area of strong resistance and lower bounds of current trends.
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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.