Price has continued to consolidate in the wedge formation, as i said previously market participants are awaiting for the CPI data to be published later today, the news is expected to cause high volatility across all the markets - right now the PA is not clean but my bias remains the same, still expecting a corrective move to the weekly M formation, be cautious of manipulation moves before the news to sweep and trap the opposite direction.
When the market is choppy like this its best to react to what we see rather than try to predict - so thats exactly what we will be doing today. Side-lines until we see confirmations ✅
When the market is choppy like this its best to react to what we see rather than try to predict - so thats exactly what we will be doing today. Side-lines until we see confirmations ✅
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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.