We are approaching a previous high and I want to see how the price reacts, one of the scenarios if making a bull trap to collect liquidity for a move to the next support and my second scenario is a powerful breakout and a retest finding support. Market has proven once more that it does the opposite to what is believed, we saw a bear trap of the support and a very strong move afterwards, even if the outcome of the FED meeting was not very positive, smart money hid well behind those news to pump the price while trapping short sellers!
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