The price formed an ascending structure, after which the slowdown of momentum and liquidity accumulation from below started - correctional movement began. After the price dump, we came to the zone of interest (ROI) from the senior TF and it was the first opportunity to open the first trade in the direction of the global trend. Further, we can observe that there was a breakdown of the descending structure on the lower TF and based on this, we could consider another entry point (more conservative, through confirmation of the structure on the lower TF). After that, watch the price development.
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