Merafe in a Range Bounded area - Neutral outlook until break
Range bounded has been the overall trend for Merafe.
It seems like there is just a fight between the bulls and the bears.
We can only assume the price is most likely to break up due to the previous momentum.
I will only wait for a break above or below the range before acting upon.
MAs are all close confirming the sideways movement.
SMC:
There needs to be a break above the Buy Side LIquidity in order for the bulls to really take over. But right now it's a selling zone for Smart Money which goes hand in hand with the range box.
It seems like there is just a fight between the bulls and the bears.
We can only assume the price is most likely to break up due to the previous momentum.
I will only wait for a break above or below the range before acting upon.
MAs are all close confirming the sideways movement.
SMC:
There needs to be a break above the Buy Side LIquidity in order for the bulls to really take over. But right now it's a selling zone for Smart Money which goes hand in hand with the range box.
✅ Facebook:
facebook.com/groups/matitrader
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𝕏 (Formerly Twitter):
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.