If we test the $41620 level again, perhaps this Sunday, I would lean towards a slightly long position (possibility of taking profit at around 0.786 Fib). RSI and MACD are intended to help with this idea.
On larger time frames we are in a strongly bullish context, so there is no need to TP.
Be aware of the possibility of upcoming volatility on Sunday evening CEST.
On larger time frames we are in a strongly bullish context, so there is no need to TP.
Be aware of the possibility of upcoming volatility on Sunday evening CEST.
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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.