On the daily time frame we can see that the candles respect to the resistance at 2035-2040 levels. However, the liqudity is still not enough to retest the lows at 2000 levels. Therefore, I anticipate that if the daily candle on the following days can tap to 2050-2060 levels and close blow 2035, then it will be the indication that the lows will be tested. If it is not the case, then we can flip bullish on the weekly and monthly time frame to test the highs at 2080-2090 levels. This is not a trading signal but just me analyzing the market, so always mind your own risk before opening a position.
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