Price rallied a bit, as far as the 50, and
has been sideways since. We need price up at the 618/786 before we can look at
short entries. We are still expecting a gap close sometime this week. Price has
already tested the minor 618 so a bullish cs formation might push price higher.
Will be going long if:
No trade setups at present - stand aside. For those that
trade gap closes, there might be an opportunity. Price has already tested the
minor 618, so either a bullish cs formation, or a test followed by a bullish cs
formation might be the trigger for a long entry.
Will be going short if:
No setups at present, price not in any area of interest,
wait for a 618/786.
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