Look for confirmations for a buy once we have a lower timeframe impulse and correction. Once we get a move up start looking for momentum loss to enter long inline with bigger reversal pattern.
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We are still looking for a move back up. We will see if price action is impulsive or corrective to determine next direction.
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We have not gotten a correction to enter on the sell for this market. It seems we instead had a contracting flat pattern that I did not take into consideration.
See Pattern Below.
See Pattern Below.
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