Fading is the go-to after a limit move, in this case the opening bell triggered the re-open of the market after the limit down. The bias is to the long side, but we wait for a repeatable setup in order to have better footing for the climb higher.
Fading is the go-to after a limit move, in this case the opening bell triggered the re-open of the market after the limit down. The bias is to the long side, but we wait for a repeatable setup in order to have better footing for the climb higher.
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