YM1! Heading into the open, we're still inside TPO prior value (see yellow area). Scalpers may be able to fade (short) from the top of VAH - particularly after a stop run of prior swing high.
If you're bullish, either wait for a breakout of the yellow area and pullback or wait to fade from the lower part of the rectangle.
Higher timeframe bias unclear, so for scalpers, may be a good opportunity to just play inside this value area and take profits after 1-2 measured moves.
YM1! tradingview.com/x/Xwb40ERq/ good 1 for small timeframe investors
MYM1! inverse head and shoulders will begin to form here.
