Wait for the reversal. I could see price getting sandwiched in between the 1Hr channel and the top of the Daily channel. I’m going to wait to see which one wins before making any trading decisions today. If I was a betting man, I’d go short, but this isn’t a casino. Wait for the break and catch the retest, that’s today’s plan.
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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.