here we have the market adhering to a resistance level after a strong impulsive move to the upside, normally I will take this setup as the flag and trade the buy side, but since we are a resistance level I can't take it as it might fail.
>> So, the first scenarios to wait for a break to the upside and chance to enter buy if provided a reason to enter
>>The second scenario is to wait for a break to the downside and chance to enter this setup sell targeting the support zone.
>>the is one more scenario, which is to trade the range, it is risky though, as you know ranges breaks
🙏Appreciate the likes, comments, and follow
Check today analysis below⠀
_____________________________________________________________________________⠀ -DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀ -⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
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.