Good afternoon, dear traders! We move in the corridor between the levels of $ 5800 and $ 4800. Locally, the movement is upward, but the global trend is downward. I do not recommend trading against the trend. Entering the market in the middle of the corridor is risky. It is not clear where to put stop loss. I think you need to look for the entry point to the short near the resistance level. But to enter the market after the price goes below $ 5800 as there may be a false break through.
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