Its range bound at the moment on the 1-4 hour timeframes
so you could just play the range
if it breaks higher i prefer the second blue line as the momentum to push it thro the lower line will need to be quite strong , and of course the higher you sell the lower the risk and the better the ultimate RR
so you could just play the range
if it breaks higher i prefer the second blue line as the momentum to push it thro the lower line will need to be quite strong , and of course the higher you sell the lower the risk and the better the ultimate RR
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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.