Failed Breakout Sends Price into Range

FX:JPN225   Nikkei 225 Index
After looking like price going to breakout and make a new leg higher. price quickly snapped lower and moved into the range.

As the chart shows; price is trading within a fairly clear range.

Until one of these level gives we can look to trade both sides of the market from the intraday support and resistance back.

Thanks for your like and support...


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.