This higher high could suck a lot of people in thinking that it's bullish it's smart to be cautious in these areas as it's high risk and you could be buying the top of the (B) leg in a large corrective move...we have our invalidation point to flip bullish let's see what happens.
Note
If you discount wicks this probably can qualify for a top also...be careful in this.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.