Yesterday's forecast has been accurate so far, but I'm no longer sure that we will reach a higher high today, but may instead drop to a lower low first. The same principle of tightening leverage above and below the range could cause liquidity hunting in both directions to briefly break below and above the range.
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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.