Continuing from the last time, I established a short position at 72700. There are signs of a top forming on the smaller timeframes, and the price is about to touch the resistance line above. Since there's still some distance from the previous high, shorting offers better risk-reward than chasing longs, because there's very strong selling pressure above the previous high—it has failed to break through multiple times, and this time it will likely be a bull trap.
Secondly, the secondary high is showing a topping pattern. If my judgment is correct, the risk-reward is very favorable. Currently, it
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