A textbook example of contracts being accumulated for another push to the downside. Ultimately, this range took about Twenty-Two Hours to form. At Nine O'clock we see price creeping upwards which then moved downwards forming what seems to be a mini range of consolidation. Once again, let us wait as patience tends to reward those in interest.
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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.