Price over the past couple of days has been rallying upwards into the most recent 4h Downswing. I will be watching price closely when it approaches the 1.4006 – 1.4028 area, as there are a few levels of resistance in that area from both the 4h TF as well as the Daily TF. Then there is also the inner levels of the most recent downswing (white fib). Once price impacts that level if it looks like sell orders are being triggered then I will look for possible short entries into the market. Market Sentiment on both the Daily TF as well as the 4h TF is bearish.
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COT: The precious data ignored
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