Nothing changed from my previous outlook.
As is often the case under growing volatility in ranging conditions, price shifts lightly up, lightly down. Impulses giving the appearance of breakouts.
Rambling and repeating again
thats what a week like this is !
Now just need a couple hours above 1860 to see if it becomes support on the shorter term, then accept more longs.
Moved to BE
Cheers all !
As is often the case under growing volatility in ranging conditions, price shifts lightly up, lightly down. Impulses giving the appearance of breakouts.
Rambling and repeating again
thats what a week like this is !Now just need a couple hours above 1860 to see if it becomes support on the shorter term, then accept more longs.
...With these types of reversals and follow throughs with such volatility beyond such established top and bottom of 5 days ranging, it is not uncommon for price to eventually not have any more ordinary dips to buy or sell into, and to break through 1 or even 2 established resistances or support. And today, tomorrow or Friday, that could happen either direction. Under these price dynamics, I have learned to not be fooled by intraday volatility wars, both ways, especially during news. In my clumsy view, there is no established direction under such...
...Ok, one last setup accepted, bought 1836 ! {image}
Moved to BE
... Beware bears a return to 1860 in this volatility and bottom of range
Cheers all !
If I don't mention SL and/or TP = longer-term setup possibly in the works!
