5RR scalp || trading the correction of upward thrust
Price at the top of it's range due fror a correction again. Because in the longer term, we are still in a big range
Here is the longer term range
I am taking my profits quickly because a wyckoff "trench" spring has just been formed and this could easily be the beginning of a new uptrend phase.
Here is the longer term range
I am taking my profits quickly because a wyckoff "trench" spring has just been formed and this could easily be the beginning of a new uptrend phase.
Trade closed: stop reached
There was no correction
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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.