We need to recognize that we're currently at a range high premium. Bullish entries from these elevated levels typically have a lower probability of success compared to entries from discount lows. Therefore, we need to be cautious and strategic in this price environment. For me, the 57477.00 low is the last bullish low I'm willing to consider. If the price fails to hold above this level, I won't attempt to go long, as the risk would be too high. Instead, I'll focus on absorbing the price action and taking small profits through scalping. I'll avoid large trades as of now, we will keep U posted
DANIEL FADELAY
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DANIEL FADELAY
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.