When we trade within a range, you should focus on trading level to level instead of hoping you catch the correct side of a breakout. In my opinion, we are not ready to break range highs yet (happy to be proven wrong). That being said, we have just swept that 4h low and reclaimed the midline of the range. Micro structure starting to flip bullish. Seems like a clear long to me with targets as follows.
T1-50000
T2-52000
Extended Target of 56k+

Break and hold above range highs and this may go much higher than that but like I said, level to level.





Disclaimer

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.