We are in a period of consolidation after a bear trend. The only point you need to reference is the higher low realised at the beginning of August.
Currently unsure as to which way we break but don't let anyone tell you "We are still in a bear trend".
We aren't.
Trade this chop as neutral. Solid returns to be had playing the low risk trades until a new trend develops.
Currently unsure as to which way we break but don't let anyone tell you "We are still in a bear trend".
We aren't.
Trade this chop as neutral. Solid returns to be had playing the low risk trades until a new trend develops.