Now what?
For the bulls to take over in the medium term, we need a break above the last major high from H4 highlighted in green.
In this case, a move to the 28k-30k resistance/supply zone could be expected.
Meanwhile, they are bullish unless the bears manage to break below the last major low highlighted in blue.
Which scenario do you think is more likely? and why?
Always follow your trading plan regarding entry, risk management and trade management.
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