1. Intracycle trend happening here. Price action seems to indicate a ranging channel as highlighted by the big blue rectangle.
2. If it breaks the top, we go long. Vice versa if it goes through the bottom!
2. If it breaks the top, we go long. Vice versa if it goes through the bottom!
Trade closed: stop reached
Woah, this one reversed big time. Go long!
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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.