The larger timeframe is still high and moving sideways with a sluggish, sluggish range. The smaller timeframe is just ranging. Watch the 1908 level to see whether it will break down. Tonight’s push looks like a needle wick, and it will most likely sweep liquidity. At this level, we still expect a pullback. The larger timeframe isn’t a good cost-performance setup to keep chasing longs. That’s where we stand for today. If the price rises again to 1950, taking a light short for a move is fine. Even if it really does continue breaking upward, how much farther can one more push go? There will always be an opportunity to exit by protecting the position. In the next one or two weeks, there’s a chance it will continue pushing higher—judging from the chart pattern.

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