Even though market is still overbought (but less over bought as compared to last week), it still refuses to have a confirmation to go lower. There is 2 places to enter long position if you still want to long: wait for profit take to be over and that’s where buy low strategy to be applied, or wait till it break the recent high, that’s where buy high hoping that it will go higher strategy. If it is in the middle, then it would be like buying big or small in casino, ie: gambling…
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