I've been watching price develop over the past few days. I think there is a very good bullish case forming, could the higher low already be in?
My previous bearish scenario saw based on the assumption price would make a slower and deeper move lower, before making a higher high. The last 3 days have shown very bullish price action. It seems like price might not need to move any lower than it already has.
A nice tight stop wouldn't hurt considering the potential upside. Would like to see another tap of 0.20 before another rally. Stops would be below the previous days low, aiming for prices higher than the monthly open. A nice tight stop with a lot of potential.
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