We can clearly see, the short trend should be at its end!
The strong S/R has been broken, and should now be an good support again. So I will wait for the pullback, and then enter my position if price bounces of that support.
Seems to be a good chance, but as always, be carful who you trust and make your own analysis!
Safe trendfollowing to you then!
The strong S/R has been broken, and should now be an good support again. So I will wait for the pullback, and then enter my position if price bounces of that support.
Seems to be a good chance, but as always, be carful who you trust and make your own analysis!
Safe trendfollowing to you then!
Comment:
pulls back right now, but I am sure it will break the resistance again
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