The market is currently undergoing a normal retest and correction phase. After a notable recovery, prices have seen a slight downturn. This pattern of upward moves followed by pullbacks has been consistent over the past 10 days. š
This indicates an undecided market rather than a weak one. Buyers step in, driving prices up, but short-term profit-taking then pushes them back down. Such oscillating structures often precede a clearer directional move. āļø
Patience is key for traders during this period. It's advisable to await strong support levels or confirmed breakouts instead of chasing volatile moves. Effective risk management remains paramount until a stable trend re-emerges. š”ļø
