After a long bearish candle was quickly bought back up to end in a wick, Im looking for a continuation upwards to at least test prior highs. The entire picture tells me that price is squeezing and looking to break out to one side or the other and our job is to be on the right side of probability when this move happens while risk managing because at the end of the day nobody can predict where prices will go.
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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.