As long as prices remain above the key lows we can play the trading range; a break of the 54.04 is showing bullish signs in the short-term and opening up the highs in the range for a test.
To the downside we can keep things very simple and play the breakdown, if bears take 50.55 it will expose 45.49 and 42.40 immediately after.
For the long term chart we have the current flows in play:
We traded the highs live earlier in the year and have entered in severe chop ever since...
Best of luck those trading the inside range, a very tricky playing field.
To the downside we can keep things very simple and play the breakdown, if bears take 50.55 it will expose 45.49 and 42.40 immediately after.
For the long term chart we have the current flows in play:
We traded the highs live earlier in the year and have entered in severe chop ever since...
Best of luck those trading the inside range, a very tricky playing field.
Trade closed: target reached
