We’ve been ranging for a while here. We can play the top and bottom of the range by looking for sells at highs and buys at lows. The safer method is too wait until the range breaks. We have inflation data coming out on Wednesday which could be the catalyst needed to break us out of this range. Smaller lot sizes should be used here since we are not currently...
We are in a big range here. There are two ways this can be traded. #1 trade supply and demand bounces and ride the range up and down. Keep in mind that ranges can be tricky and that trending markets are our bffs as traders. #2 Wait on the break of range and enter on retest of demand or supply for a clean break and retest.
-Festina Lente
