As you can see in the circle, the price is rejecting the current zone which is a HH zone created in the last week.
Waiting for a momentum shift is the best strategy in a ranging market. Usually, it's a bullish or bearish engulfing on lower time-frames which indicates that momentum shift.
Don't FOMO
Waiting for a momentum shift is the best strategy in a ranging market. Usually, it's a bullish or bearish engulfing on lower time-frames which indicates that momentum shift.
Don't FOMO
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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.
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.