The price, in a downward movement stops at a strong support zone, then forms a small upward movement (pullback) to the resistance zone. It is worth considering a short position from the resistance.
Do not forget to use additional tools and factors that will confirm your assumptions of price movement.
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The price, in a downward movement stops at a strong support zone, then forms a small upward movement (pullback) to the resistance zone. It is worth considering a short position from the resistance.
Do not forget to use additional tools and factors that will confirm your assumptions of price movement.