What can you expect:
- Market is currently making new highs(Breaking previous high) & higher low (Bullish trend)
- Market still have to break off the purple area to confirm it's bullish trend
- Market needs high demand to break off the area hence timing of entry on this trade is crucial (If not you will have to risk more when you enter)
- Market might be still trending the short side
- It might retrace on the purple area.
- Watch out for reversal indication
All the best for your trading week :)
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