Ranging Market?
The price is in a HH zone and we can not assume a direction because there's any
We have 2 situations in this pair :
1- The price can find support on the HH zone and then go Long
2- The price breaks the HH zone and goes towards the LL zone, making the current movement a fakeout
Let's wait for further candle movements and let's see which momentum is formed
The best time-frame to spot the beginning of the momentum is 5 minutes or 15 minutes
We have 2 situations in this pair :
1- The price can find support on the HH zone and then go Long
2- The price breaks the HH zone and goes towards the LL zone, making the current movement a fakeout
Let's wait for further candle movements and let's see which momentum is formed
The best time-frame to spot the beginning of the momentum is 5 minutes or 15 minutes
Penafian
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