price has found support at Monday lows and has had a significant bounce to the upside.
if price deviates above last weeks mid-range and trades underneath, look for underside retest/failed secondary test and enter short towards last week low.
if price can find support at mid range and there is momentum in the market look for longs towards last week high and take profit.
after this, look for shorts if we cannot break last weeks high and trade back into mid-range and last weeks low.
if price deviates above last weeks mid-range and trades underneath, look for underside retest/failed secondary test and enter short towards last week low.
if price can find support at mid range and there is momentum in the market look for longs towards last week high and take profit.
after this, look for shorts if we cannot break last weeks high and trade back into mid-range and last weeks low.
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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.
Disclaimer
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.