Reasons to sell-
1. Overall downtrend
2. Fib retracement of 0.38 acting as a resistance
3. Break of the ascending channel
Wait for a clear confirmation of reversal before selling because it can retrace till 0.50 or 0.618 aswell
1. Overall downtrend
2. Fib retracement of 0.38 acting as a resistance
3. Break of the ascending channel
Wait for a clear confirmation of reversal before selling because it can retrace till 0.50 or 0.618 aswell
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