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• Determine whether the market is bullish or bearish. Optimal trade entry is based on buying retracements. Suppose we are bullish, then you want to see an impulsive price move higher with a break of structure. That is required.
• Review previous episodes to find out how to define key support and resistance levels (lowest on the 4H chart, daily, weekly, monthly). Bearing is too limited to determine it on an institutional basis, because they did not occur here. Old highs, old lows for example. Your narrative comes from higher timeframes.

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