This market is in severe consolidation mode after forming a solid trend higher.
Whilst a breakout with the longer term trend would be favorable for longer term traders, for shorter term traders there are other opportunities.
Price is trading within a clear-cut range.
Whilst we do not want to get caught trading within the middle of the range and chop, trades can be found from the range highs and lows (support and resistance).
Whilst a breakout with the longer term trend would be favorable for longer term traders, for shorter term traders there are other opportunities.
Price is trading within a clear-cut range.
Whilst we do not want to get caught trading within the middle of the range and chop, trades can be found from the range highs and lows (support and resistance).
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