The market has remained within a sideways range for an extended period, with a recent breakout indicating a significant shift in sentiment. Sellers have demonstrated remarkable strength, overpowering attempts by buyers to drive prices higher. A brief consolidation phase showcased buyer efforts, but sellers reaffirmed their dominance by breaking the range once more.
Currently, the focus is on awaiting a pullback, potentially providing an opportunity for strategic entry. A risk-reward ratio of 1:2 is being targeted, aiming to balance potential gains against associated risks. This week, we're leveraging Volume Profile analysis to identify potential high-quality trading opportunities. Wishing you successful and fortunate trading ahead. Thank you.
Currently, the focus is on awaiting a pullback, potentially providing an opportunity for strategic entry. A risk-reward ratio of 1:2 is being targeted, aiming to balance potential gains against associated risks. This week, we're leveraging Volume Profile analysis to identify potential high-quality trading opportunities. Wishing you successful and fortunate trading ahead. Thank you.