It is in a selling mode. Many will burn money. It is just how the market works.
Price retraces from the last push and now ready to the upside.
Rejections for few hours. Potential to the upside.
Last Friday's push will likely to continue today or even this week. Let's watch
First trade got stopped out. If the current price breaks previous candle low, then it is a good place to get in again. If broke the high of previous candle, void it.
Wait patiently for the price to come to the area and look for selling opportunity. No rush, No regret!
In a good position to buy now to the round number.
Just be patient and wait for price to come to this price and buy to the upside.
Want to see a retracement down to previous structure before taking it higher. Let's watch...
Seeing a good space to fill to the 1H low.
Strong Breakout could happen anytime.. Who knows? If this setup fail again, stop and analyze again.
We are still seeing the strong push up despite the strong rejection yesterday. It may not work out but still worth the risk as if this break through, it will go to the next 4H Resistance.
Price created support at 4H support as well. Good for 1:2