Currently short until the range's support level.
Expecting one last up before it drops.
Expecting one last up before it drops.
Note
Note
***ignore the last comment.I'm looking for a deeper move below the previous lows. If you notice, in this current range, the highs have been lower and lower, while the lows also have been lower and lower. To follow in this pattern, i'm looking for another lower low before entering the long. I think the market is looking to take out stops on the longs positions, just like the one I posted above. The short entry at the top should also be below the previous highs. Good luck.
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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.