Good morning! Yesterday's brief attempt to break 220 was unsuccessful, and we faced resistance and retreated.
Moving forward, buying at 204-205 will be relatively safer.
This position has been an effective support level multiple times on the daily chart.
It is also a support level on the smaller 4-hour chart.
After breaking through the 200 level, which is a critical point for bears and bulls,
the support strength at the 204-205 position may still be present!
In the short term, buy at 204-205 and keep a position for adding at 201.
Take profit: 209-211-219-222
Stop loss: if the one-hour candle closes below 199.
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