Price has been in an uptrend and has reached a strong, respected resistance level. Waiting for a break and then a retest of this key level to get into a buy. Targets at around 1.22.
Additionally, a lot of retail traders are going to look to sell at this point, and we know most retail traders lose, so the market may look to take them out before pushing.
Thoughts?
Additionally, a lot of retail traders are going to look to sell at this point, and we know most retail traders lose, so the market may look to take them out before pushing.
Thoughts?
Commentaire:
Quality call out here.