Price hit the strong 4262 level with Fib and is overextended but price action is bearish. Can market give a pullback today?
It might be prudent to wait for the pullback to go short rather than trade the pullback. 4306/4320 will be 2 good levels to watch for rejection for the pullback down. If I were to go long, it would be if price test 4262 or if it sell off further to 4246 and form a reversal candle to go long, targeting 4306.
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