Expecting to see shorts soon, we have many noted on chart circumstances supporting short positioning. Notes on chart.
Best of luck, Tom
Commentaires
ElPatron.Y
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Where does your trendline come from Tom?
TomProTrader
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There's a few of them, specify?
Tom
ElPatron.Y
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The red dotted trendline
TomProTrader
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I am assuming this red trendline is sideways resistance for the beginning of the new downtrend. (I generally consider a trendline valid when 3 points are identically level in relation to the line.)