Pressure seems to have built up in a range but is it ready to break ? Low volume suggests not but price action looking to go up. If volume starts to build up, we could see price go to test yesterday's high and then possibly try to break out of the triangle. With the 1 hr and 4 hr showing indicators turning bullish and as long as price remains above today's low, we should see an explosive move up. Longs should place stops below today's low with open targets to maximize risk rewards.
"Volatility is the spice of trading"
(Shaheen Hassanali)
t.me/TrademasterFX
(Shaheen Hassanali)
t.me/TrademasterFX
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.
"Volatility is the spice of trading"
(Shaheen Hassanali)
t.me/TrademasterFX
(Shaheen Hassanali)
t.me/TrademasterFX
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.