Hello Traders!
We are currently sitting in a range! Getting an idea of momentum we are looking at the sellers in this case! with a very strong leg to kick us off into the range we are looking for a break out below the support level to enter into a sell! We could go for a quick long and maybe even break the resistance for a reversal! I feel either way once we break out it will fly. As you can see within the legs of the range the sellers are more dominant. Momentum going down quicker than up! We shall see what happens!
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Trade Away!
We are currently sitting in a range! Getting an idea of momentum we are looking at the sellers in this case! with a very strong leg to kick us off into the range we are looking for a break out below the support level to enter into a sell! We could go for a quick long and maybe even break the resistance for a reversal! I feel either way once we break out it will fly. As you can see within the legs of the range the sellers are more dominant. Momentum going down quicker than up! We shall see what happens!
Please support this analysis with your likes, follows, and comments.
Trade Away!
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