The Current Market Space is not ideal for me to trade, so I am waiting for the recent high/low to be broken and a flag to appear once price has impulsively broken these levels. I trade the flag differently from the conventional teachings, because the way I trade them allow me to reduce my risk as soon as possible and allows me to ride the momentum of the trend till exhaustion.
I would have had a different opinion if there was not a huge wick . I look for clear price action and this didn't fulfill my criteria.
I am neutral until the high/low are broken.
Goodluck for this week Traders.
I would have had a different opinion if there was not a huge wick . I look for clear price action and this didn't fulfill my criteria.
I am neutral until the high/low are broken.
Goodluck for this week Traders.