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Market shake-up prompts cautious trading approach for NEO and other assets
Hello friends,
Yesterday's news caused another shake-up in the market, and as I warned you ahead of time, many assets have broken their local uptrend.
Unfortunately, our leveraged position in NEO was stopped out because the long 1-hour FVG could not hold the price, leading to a re-sweep.
Currently, the market appears uncertain, and I am cautious about making any decisions to avoid trading blindly. The most prudent approach in this situation is to wait for the New York session to open and then consider entry points for margin trading.
Remember: not having a position is also a position.
As usual, I’m dropping some 🔥 for motivation, and let’s analyze the market together!
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AI Analysis
The recent market movements have been driven by impactful news, leading to significant volatility. The breakdown of the local bullish trend indicates a shift in market sentiment, possibly due to under...
AI Recommendation
Given the current market volatility and the breakdown of previous uptrends, I recommend waiting for confirmation signals after the NY session opens before entering new margin positions. This approach ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.