We are over sold on the 1 hour time frame, trend appears to be bullish with no clues we will have reversal at the moment. I think we will retest the highs before we see any bearish reactions. Set SL at previous structure and we set TP in what appears to be a soft target on the way to the retest.
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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.