Daily Range in Play
Price has now moved into a daily range pattern.
As the daily chart shows, price has rejected the same support and resistance levels on multiple occasions.
Whilst these levels continue to hold we can keep looking for range trades.
These types of trades would include long trades from the range support and short trades from the range resistance.
As the daily chart shows, price has rejected the same support and resistance levels on multiple occasions.
Whilst these levels continue to hold we can keep looking for range trades.
These types of trades would include long trades from the range support and short trades from the range resistance.
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Disclaimer
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.
Related publications
Disclaimer
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.