We discussed this market in yesterday's ideas and how the recent price action squeeze had snapped higher.
Price attempted to breakout of the intraday resistance level, but once again moved back into the consolidation area.
This market is building a pretty clear range support and resistance where trades can be hunted on the smaller time frames such as the 1 hour chart and below.
Price attempted to breakout of the intraday resistance level, but once again moved back into the consolidation area.
This market is building a pretty clear range support and resistance where trades can be hunted on the smaller time frames such as the 1 hour chart and below.
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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.