We had nice long entry opportunities at beginning of the week, the logical entries occurred at 0.6380's-0.6420's
Buying at this height is a little exuberant and illogical in my opinion (UNLESS IN THE EVENT WHERE WE HAVE CONTINUED PRESSURE, BUT I WOULD AVOID THIS TACTIC), you will want to wait for a pullback to the pullback levels prescribed on the chart, where you should then get a much cheaper entry and a better position overall.
Position adders will ESPECIALLY not want to add right now. Intraday traders might want to keep pushing for intraday longs until there's a reason on the larger time frame chart to say otherwise.
Weekly: Strong week gave us a large break candle from the lower ranges,
Best of luck,
- Telegram: @Tomprotrader
- Email: Tomprotrader@gmail.com
Public Telegram Channel: https://t.me/Tom_Pro_Trader