Bulltrend confirmed, but must retrace
1300 was major resistance, now turned into support. However, retracements are bound to happen. We have a gap around 1311, which is bound to get filled. A long entry just above the .38 Fib retracement would be a good opportunity. Watch out for FOMO, nothing goes up forever. Averaging down around the 1h 50/100 EMA is adviced. Buy the dips.
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