Looking at the timeframe on a daily basis we can see that we have closed below a key level and into an indecisive range.
The reason why indecisive ranges are tricky is down to the fact support/resistance can be anywhere due to the historical price action, there is no clear support/resistance where we can anticipate buys or sells, so treading carefully is the best case of action when trading on a higher timeframe.
When it comes to a lower timeframe, unless the indecisive range is found on these smaller timeframes being able to take trades is still possible.
Updates to be provided on the lower timeframes.
The reason why indecisive ranges are tricky is down to the fact support/resistance can be anywhere due to the historical price action, there is no clear support/resistance where we can anticipate buys or sells, so treading carefully is the best case of action when trading on a higher timeframe.
When it comes to a lower timeframe, unless the indecisive range is found on these smaller timeframes being able to take trades is still possible.
Updates to be provided on the lower timeframes.