so there has been low volume in the markets lately, and we are just here observing and waiting for the right moment to execute at a good price zone.
market has been ranging between the 4050 – 4200 range since last week
the pattern I’ve been seeing:
bear zone: 4200-4137.5
bull zone: 4000,4050-4025
4100 is the neutral zone where both parties are fighting for who will take authority, and that will determine our directional bias for the next week to come.
can’t really say who is in charge of that zone yet, so transactions at that zone is risky and not a wise bet.
so all we’re gonna be doing is waiting patiently for price to come to any of the zones where it has been established who is in charge and ride with them; that will increase our probability.
stay tuned for more updates; let’s see how things play out in the few hours to come.
this is not financial advice, Apply proper risk management