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3-24 Yesterday was a smooth ride with short and long positions. Perfect conclusion.
Currently consolidating at high levels. This rally was completely news-driven, with insufficient volume unable to sustain a trend reversal. On the 4-hour chart, price has pierced the upper Bollinger band, and momentum is nearly exhausted; on the 1-hour line, it surged and retreated leaving a long upper wick, with clear selling pressure at high levels. Overall still showing weakness, with subsequent consolidation pullback likely in the near term.
71500-72000 for shorting, watching 70000-69000.
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