Coin This by @BeautyBubble.
Session range gave us a good 5 points off of my yesterdays call low. A breaking ascending wedge is a soft short that has tremendous hesistancy in its distribution. The trade remains bearish with the 96EMA holding the entire sideways tightening to a very, very slim channel. With no space for price to resolve and no catalyst to drive it we are range bound for most of this session.
Session range gave us a good 5 points off of my yesterdays call low. A breaking ascending wedge is a soft short that has tremendous hesistancy in its distribution. The trade remains bearish with the 96EMA holding the entire sideways tightening to a very, very slim channel. With no space for price to resolve and no catalyst to drive it we are range bound for most of this session.