The sequence of price fluctuations suggests a possible upward trend in the market.
At present, the phase of manipulation is nearing completion, and an optimistic run may be anticipated. Before taking a trade, there are a few factors to take into consideration.
First, one's risk appetite should be assessed. Additionally, lower time frame confirmations should be examined, and it is recommended to wait for the price to react to the bullish OB and wait for a break of structure to hold long.
With these factors in mind, it is prudent to observe and await market developments.
At present, the phase of manipulation is nearing completion, and an optimistic run may be anticipated. Before taking a trade, there are a few factors to take into consideration.
First, one's risk appetite should be assessed. Additionally, lower time frame confirmations should be examined, and it is recommended to wait for the price to react to the bullish OB and wait for a break of structure to hold long.
With these factors in mind, it is prudent to observe and await market developments.
