This morning during NY Session, a small ranged zone formed allowing excellent scalping opportunities. The current holiday halted momentum leaving price in a consolidation block that has yet to break.
I'm personally bullish on this break. I would like to see us test the daily green at ~1916 and then move to break the previous high and test at the weekly.
My bearish scenario would be failing through ~1916, failing to come back up and riding price down to ~1898.
Please give me a follow and leave a comment below if you agree or have any insight!
I'm personally bullish on this break. I would like to see us test the daily green at ~1916 and then move to break the previous high and test at the weekly.
My bearish scenario would be failing through ~1916, failing to come back up and riding price down to ~1898.
Please give me a follow and leave a comment below if you agree or have any insight!