MP Rotation play. Both Long and Short
Using the weekly and daily timeframe to glean market structure in conjunction with the value area points of control. It can clearly be seen the areas of strong support and resistance. I am prepared for longs and shorts should price break out of the respective S/R. I have opted not to trade in the 'price mess' zone, to avoid an unnecessarily long holding period....
Using the weekly, daily timeframe to glean market structure in conjunction with the value area points of control. It can clearly be seen the areas of strong support and resistance. We are prepared for longs and shorts should price break out of the respective S/R. We have opted not to trade in the 'price mess' zone which can lead to a unnecessarily high...
I think the chart speaks for itself. Price moving from one SR block into another. Sell on a retrace after a break into a new range block.