Happy that VRA is holding this range, if we continue to trade sideways in the range I am looking for a sweep of the lows, maybe down to the daily OB with a bounce back into the range, entry on the retest once back inside the range, this would be a Wyckoff spring which should send price to the top of the channel and hopefully our next breakout.
Otherwise just trade the range, if price reclaims the 4HR OB and then the centre of the range expect it to reach the top, if breakout doesn't happen short back to the middle/bottom of the range, rinse repeat until it decides to go one way or the other.
Manage your risk, good luck.
Otherwise just trade the range, if price reclaims the 4HR OB and then the centre of the range expect it to reach the top, if breakout doesn't happen short back to the middle/bottom of the range, rinse repeat until it decides to go one way or the other.
Manage your risk, good luck.
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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.