Everyone is confused when market is stuck in Range position, but this could be positive for us.
We can see sellers weakness, but that doen't mean buyers will be strong enough for range breaking. Buyers can reached last HH or they could lead even through. It depends on behaviour from both hands in next few days. On the other hand, if buyers doesn't show momentum, we can reach our down resistances.
From this analysis you can see important market movement and possible turning points.
I like to share my analysis with you all. Follow my next analysis on #XRPUSD , and get even more clear vision on possible turnings.
We can see sellers weakness, but that doen't mean buyers will be strong enough for range breaking. Buyers can reached last HH or they could lead even through. It depends on behaviour from both hands in next few days. On the other hand, if buyers doesn't show momentum, we can reach our down resistances.
From this analysis you can see important market movement and possible turning points.
I like to share my analysis with you all. Follow my next analysis on #XRPUSD , and get even more clear vision on possible turnings.