Short Opportunity

Por Gideonscale
Price is being rejected by the Weekly resistance zone and the upper channel. The formation of the head and shoulder pattern also indicated that the bulls failed in creating a higher swing high. The RSI is showing a divergence. We want to take a sell position when we have a confirmation to go short.
bearishmarketChart PatternsheadshoulderTechnical IndicatorsTrend Analysis
Gideonscale

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