In case you are following this setup for trade in smaller TF- https://www.tradingview.com/x/eTdu6z5J/
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$46500 claimed so far , now lets see $46800 can be claimed, if yes then it can be a positive sign for bulls.
$46600 - 46900 zone is very crucial for Bull to maintain. Else bear can bring market down.
We can see good rally if price breaks above $46900 and bull maintain support over it. Else, we can go back to $44500 or below, maybe around $43860
Seems like we don't have too many sellers at the moment. Bulls /Buyers may push price high. I will still wait for a retracement, just my style of trading.
Bears have to push price below $47200 to get hold of the market, else Bullsss..
CPH Updates
Wait for retracement and confirm support before any longs yet.
I hope this advice saved you from doing any wrong longs 😊