So after that last retrace we should now start looking if we can place some long opportunities.
On a day trade view of the markets you can almost see this area as a buy opportunity - if the price falls into the purple box I think it is time to go neutral and start looking for shorts.
My thoughts are that price is indicating some build for a upward movement.
Sorry for the brief summary - :D will try to do more soon.. still haven't had time to do a recount of the charts...
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