I lost the bet I put in previously. Actually I made a mistake regarding the overall trend for the Daily chart. The overall trend should be bullish. One of the dicators is that it is above the 50 SMA line. So I should be going bullish instead of bearish.
Another thing is that when looking at the Hourly chart after knowing the above trend, there are 2 ways to enter the market. One is by breakout, another is by retracement from resistance line. The latter is better as it happens more often.
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