Long preference last week was good. 3TF analysis reveals weakness. Short opportunity may be present.
Possible Scenarios are considered: 1) Market rotation = trade at boundary of range 3) Behavior change scenario for long on retracement
Weekly: Ave vol up bar close off high = weakness Daily: Ave vol down bar close off low + reversal bar = weakness H4: High vol tiny spread up bar = weakness
Price reaction levels: Short = Test and Reject | Long = Test and Accept
4071 3950 3742 3642 3600 3540
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