COF - Proceed... but with caution.

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From the general outlook, we see a beautiful bullish flag forming on the HTF and price respecting our tapered controlled selling white algorithm. However, what I did not mention in the video is that we have a very large HTF demand zone at the $165 level - price is definitely going to be attracted to it like a magnet - so unless we see real support up here at these levels and strong buying pouring it, I have an expectation that we attempt a deeper liquidity build to those levels.

Happy Trading :)

Penafian

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