Previously, there was a short position around 3300 to 3500, expecting a drop below 3000. The breakthrough has been made now, and the strategy needs to change moving forward.
Previously, the high short positions were greater than the low long positions. It is now possible to have more long positions at low levels than short positions at high levels.
Of course, the general direction is bearish, but there isn't much space to see in the short term. Let's first look for a rebound. We'll see how the rebound goes and then decide on the trend for the next phase.
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The short-term plan can no longer be implemented.
Previously, there was a short position around 3300 to 3500, expecting a drop below 3000.
The breakthrough has been made now, and the strategy needs to change moving forward.
Previously, the high short positions were greater than the low long positions.
It is now possible to have more long positions at low levels than short positions at high levels.
Of course, the general direction is bearish, but there isn't much space to see in the short term. Let's first look for a rebound. We'll see how the rebound goes and then decide on the trend for the next phase.