Upon careful examination of the chart, it's apparent that the majority of retail traders are poised for a buying opportunity, making any talk of shorting seem unconventional.
Yet, a different perspective emerges upon closer inspection.
Observations:
Trading Strategy:
Now, the crux of the matter: What's your call? Your insights carry weight. Please share your perspective below!
Yet, a different perspective emerges upon closer inspection.
Observations:
- I've discerned indications that suggest a contrary approach may be prudent.
Trading Strategy:
- I'm personally awaiting a shorting opportunity on the forthcoming completion of the Bearish Crab Pattern, projected at 1.3926. This stands in contrast to the previous crab pattern, offering a fresh tactical choice.
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- For those still inclined towards a buying stance, a retest of the trendline on the 1-hourly chart might present the awaited opportunity.
Now, the crux of the matter: What's your call? Your insights carry weight. Please share your perspective below!
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