On the daily timeframe market has recently broke above structure with a strong bullish impulse which has been followed by a nice correction to the 0.50 fibonacci retracement. Now we are expecting the continuation to the upside and market to create a new higher high from a daily perspective.On the 4hr timeframe at the moment everything is still bearish we are waiting to see if market will break and close above previous high and form a new higher high, if all our rules are met we will take the long.
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