Back in the range?

Updated

The false breakout means Price is back in the range.

Stock markets also went down a little bit..

Price holding above ~12.4 area would invalidate this back in range theory, So i am looking for entries near 12.1k-12.3k..

We'll see whether we get a re-test of range highs.

Comment

CME charts already tested this level. Not seeing price test in bitmex. So i guess that was the test of 12k area

Order cancelled

S and P 500 broke previous all time highs. Cancelled for now. But still might trade this idea.

Trade closed: target reached

Not bad. Move played out. Now we wait. 11k area is crucial, break here would be bad.

Comment

I only had very small position on this...Since US markets were moving differently i didnt bet too big.

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