The very bullish traders will be scoffing at those who refuse to resume the bull market phase, but for the more cautious out there, the market structure on the higher timeframes is not Bullish. A bear market rally can be very inviting and its intention is to sucker you into buying as more informed traders sell their position back to you. If we’re wrong and this is a resumption of the Bull market we will have an opportunity, later on, to buy the dip as we saw several times in the past.
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