Whilst price has been trending strongly higher for the bulk of this year, in recent weeks the trend has ground to a halt.
As the attached 4 hour chart shows; price is very sideways on the intraday charts.
This can be a tricky time to look for trades because inside this range is a lot of choppy price action.
The best play for conservative traders could be to wait for a breakout of these levels and to see if the trend continues which would then pave the way for long trades.
Thanks for your like and support...
As the attached 4 hour chart shows; price is very sideways on the intraday charts.
This can be a tricky time to look for trades because inside this range is a lot of choppy price action.
The best play for conservative traders could be to wait for a breakout of these levels and to see if the trend continues which would then pave the way for long trades.
Thanks for your like and support...
