A break above close above at this decision point would tell me to expect another extension higher where pullbacks can be used to hop on the move, while a failure to break this level would lead me to expect a deeper pullback. IF we get the deeper pullback the next buying opportunity will be at a retest of previous where I initially got involved in the trade at.
An even deeper pullback and violation of that level would provide pattern traders with the opportunity to buy at the completion of a Formation.
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