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USDWTI

UDSWTI - Range TradingAB is the Range confirmed by CDEF pivots. E and F are just the push backs as they are not broken yet and hence counts as pivots inside range boundary. However when E or F is broken below are the expected scenarios . Scenario 1 : Acceptance - Orange arrows Break and Acceptance of 'E' will give a Long setup Break and Acceptance of 'F' will give a Short setup Scenario 2 : Unacceptance - Green arrows Break and Unacceptance of 'E' will give a Short setup Break and Unacceptance of 'F' will give a Long setup Scenarios marked on the chart are Simple pullback price movement pattern, but price could also turn into Complex pullback. However Bias remain same in both case. Note: The decision to enter a Long or Short based on Acceptance or Unacceptance will be done only after the priceaction observation post break of Swings 'E' and 'F'.
FX_IDC:USDWTI
by Sanj_ana