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Sharp pullback here (50% chances) then it's a lower high trend reversal, key time.
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Market profile: 58.5ish for lower target.
Resistance at Friday's LV range, atm
Highly likely Friday's low will be retest, but Friday's range were quite large to hit 58.5 is almost 261.8% Fib retracement. well any thing could happened (57-58ish)
My comments are for entertainment/educational purpose only. NOT a trade advice.
For now, bias is a little up but even it does make a breakout later it's still within the last trading day's range therefore it's a range day to me, no matter what.
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Going to take some $'s to work through the standing sell orders and move higher, especially as the euro zone traders are going home dropping volume by 10% (usually).