The price was able to return above $9400 level. It was happened not on impulse, but still. However, there is a resistance at $9450 as well.
What does it mean? Situation is not about SHORT, but we can’t clearly tell that it is about LONG as well.
The perfect LONG entry will be available after the price breaks through the $9450 level and takes hold there. In this case we will place a tight stop loss right below $9400 level.
Opening LONG position now is still risky. Moreover, you can consider opening any position only if you are scalper. Better to stay away from any swing trades for now. Huge impulse coming.
What does it mean? Situation is not about SHORT, but we can’t clearly tell that it is about LONG as well.
The perfect LONG entry will be available after the price breaks through the $9450 level and takes hold there. In this case we will place a tight stop loss right below $9400 level.
Opening LONG position now is still risky. Moreover, you can consider opening any position only if you are scalper. Better to stay away from any swing trades for now. Huge impulse coming.
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