First scenario: The price reaches the red box [101300_103700] (small green candles), then the powerful red candle and further decline to 90500 Second scenario: The price breaks the box with strong candles and reaches 108350 after the pullback. If any of the above scenarios happened, we take a long or short position. After completing the scenario, the next move is analyzed.
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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.