Confused ?Lost ? Dizzy ? What to do now ?In this 1H chart, you have 2 gaps , one on top and one below; both awaiting to be filled up. The question is WHEN ? I also dunno, haha.
Next, you see the price action is stuck in a sideway move with buy and sell opportunities , if you know how to spot it and trade it. Congrats if you are good at it as you can earn both ways !
So, the million dollar question is - are we to buy or sell now ?
I say wait for the price to break up or break down before making a decision though I am more inclined to breaking up. Why ? Day and 4H chart illustrates that it has broken out of the bearish trend line and China PMI data released yesterday was positive.