Im updating this idea, FOr valid and invalid zone, if price keep pushing higher or break this high, then probably this idea is invalid.
If price start declining then Im expecting price goes 15600-15500 zone for grab demand. before we can take off to higher 16300$ zone.
This is only my view, This is not a financial advice.
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I will update this if price has momentum on the upside, my bias is still short. before we can take off. Use that highs as your stoploss no matter what.
Trade at your own risk.