Price is currently stuck in two opposing trapped traders zones on 4H chart. It'll be interesting to see how these zones play out next week. This week, we already had a good short entry when price reached the zone where longs were trapped!ht We might also see more fake-outs on either side which will further trap more traders!
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.