ETH - Ranges overview

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We are currently trading in a range (red line) and we have a nice 4H FVG (yellow box).

Not interested in trading within the range so far so let's see how it plays out.

IF we break the lows on the smaller time frames, expect ETH to hunt the liquidity in the FVG
IF we hold the current lows we will remain within the range and most likely attempt to retest highs

Will tape read as we get closer 9:00 am NY time.

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.

Penafian

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