17AUG2023 FCPOX23 1000AM Rising price is weak
Intraday Trading - 5-Minute Chart
1.The range between yesterday's high and low was about 69 points. The rising price seems weak compared to the previous day. The environment is still choppy, which means buyers or sellers do not have major control of the market yet. A scalping strategy is suitable for this kind of environment.
2.The key levels to watch are around 3800. I would like to see the market open aggressively at this level and apply a short setup here.
1.The range between yesterday's high and low was about 69 points. The rising price seems weak compared to the previous day. The environment is still choppy, which means buyers or sellers do not have major control of the market yet. A scalping strategy is suitable for this kind of environment.
2.The key levels to watch are around 3800. I would like to see the market open aggressively at this level and apply a short setup here.
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