MTL Scalp to 1.6

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Another short explanation.

Bearish divergence forming on the 15m and a double top from the 6th June. Currently in a strong supply zone and i expect to be rejected from this area.

Set a tight stop loss as Funding is very negative and could trigger a short squeeze above the supply zone.
Note
Another bearish indication is the head and shoulders forming on the RSI
Trade fermée: cible de profit atteinte
Tagged 1.61 and closed short
Chart PatternsTechnical IndicatorsTrend Analysis

Clause de non-responsabilité