I am writing to provide an update on our second trade. The price has reached a key level that I have identified as a potential entry point. However, I have not yet entered a position. I am closely monitoring the price action on lower timeframes for any signs of rejection.
Based on my analysis, I anticipate the commencement of a strong bullish trend in this area. I will continue to observe the market conditions and will provide updates as the situation evolves.
Please remember the importance of effective risk management in your trading activities.