Price has broken the red line structure, look for retest to short. This is looking like a head and shoulders to me.
Overall bias: short, price respected the downward trend, weekly pinbar.
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Price has moved up due to Trump announcing the release of the transcripts of the call he had with the Ukranian president. Buy the rumour, sell the news. Good time to get in.
Note
nice bearish pinbar off the red line. momentum still downwards!
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