A 1D chart perspective.. showing a retrace before another leg up, but the question is where will it it bounce? Oscillators overbought, price action tested resistance. If we get a bounce of one of these fib levels, this should pick up momentum. We need to break through this current trading range and if so I believe the trend reversal would be pretty much confirmed. I've entered a short on this red candle with a stop loss slightly above the previous high. Risk management is King, dont set stop losses too tight and give yourself a chance.. not financial advice.
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