As long as the price hasn't reached that level, no position should be opened.
We need to wait for it to reach that level and then, based on the reaction to that point, see whether the trend will continue or turn bearish.
We need to wait for it to reach that level and then, based on the reaction to that point, see whether the trend will continue or turn bearish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.