- Price just took out the High and drove FOMO buyers into buying a potential breakout. - With price dumping afterwards all stops have been ran and price does came back into the initial CISD level. - This is the optimal long trade entry level with market being in total fear right now.
Take care and good luck.
Note
Beautiful short squeeze.
However. Shorts are now squeezed, so price will probably rebalance lower again.
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