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57k retest if given the opportunity, is indeed a high risk-reward long position. This week's bullish bias remains unchanged. Wait for Monday's washout to see if there's an entry point.
We had a little push over the weekend into a strong 1W and 2W close...
So some Monday weakness and clearing up of late longs is not to be unexpected.
We had a clean three drive sweep into the $57k low, strong push and BOS and BOT...
Now a retest into that level would be a pretty strong R/R long.
Lets see if we get it.
Bias is higher this week overall.