On the chart we can see the rising channel.
Our strategy is to enter short when the price break down the upsloping support.
You can also enter short position at the bearish retest.
Target is shown on the chart.
Invalidation of this thesis would be if the price comes back inside the channel.
Our strategy is to enter short when the price break down the upsloping support.
You can also enter short position at the bearish retest.
Target is shown on the chart.
Invalidation of this thesis would be if the price comes back inside the channel.
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