After last week's rally to the upside indicating dollar weakness, price entered a consolidation and now it's ranging. I'll be waiting for a break of support or resistance to identify my bias. A retest of the level would add extra confirmation as well. I might also scale down to the 5 or 1 minute to look for patterns and increase my RRR. Simple analyses are always...
After the rally to the upside last week indicating dollar weakness, it entered a consolidation and now it's ranging. I'll wait for a break of either support or resistance to identify my bias. A retest of the level would add extra confirmation as well. I could also look for tradable patterns on the lower time frame to get a better RRR.