Market looks to have broken a channel on the 30 minutes & 1 Hour timeframe.
Waiting on retest and to see if market will reject on retest before making a short entry.
Remember market is within a range zone on the 4 hour timeframe.
Idea based solely on technical analysis , trade at your own risk..
Waiting on retest and to see if market will reject on retest before making a short entry.
Remember market is within a range zone on the 4 hour timeframe.
Idea based solely on technical analysis , trade at your own risk..
Comment:
Market did not make it as far as expected however it bounced off resistance line I set my sights on which I had an alert set for when market reached there. Profit collected at resistance.
