On the intraday yesterday, price attempted to break back into the uptrend channel bottom but well rejected. If that is the case, then the downtrend channel will definitely hold. Anticipate price to linger or re-test 65-66 again before it plunge. That is the moment to short using a lower time frame.
Unfortunately, i am not a subscribed paid user, hence i cant post anything less than daily time frame. I do have my own trading platform.
Komen
jangseohee
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jangseohee
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Dead wrong, :-)
IvanLabrie
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It's good to have confirmation with a move under that candle's low here...otherwise, despite the ugly close, price can still head up like it did.
jangseohee
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that's why not all jumping the gun strategies are good xP