The price is in an area of higher demand. He did a CHoCH but the price action is not good and the basis is not valid due to the time and volume. Since it happened in Asia. What I would be waiting for is for the price to clean that area and then look for longs because it is not a good area. For now the price is accumulating.
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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.