This might have looked like a sell-off in the past hours, but we are still moving in our range and therefore we don't have a signal to either long or short now.
If we close below 9700 USD today, this whole situation will turn bearish in short-term. We will open a short position and eye the next major support zone to close our position. If we are again consolidating above 9800 USD, we have a good chance of bouncing from the major support zone (orange) and break the triangle to the upside.
Don't let this market fool you. Wait for clear signals! I will update this idea accordingly.
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