Price is approaching a critical ( the grey price level price is approaching) where we may potentially see price pullback which may also been seen as 'profit taking' .
Price has potential to retrace 50% of the whole move which in classical terms we would call an 'inverted head and shoulders' . In terms, we can refer to as an corrective pattern. I have marked the level. Should price pull back to this level, I will be going long with 1% capital risked.
Should price move to my stop loss, my edge will be invalidated.
Take profit has been calculated at double the length of the retracement (100%)
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