Pendulum swings in and out of the range
Marking out the range and extending it. Breakout and failures often mirror themselves on the opposite side in a Pendulum like swing. 4hr Time frames work well however it also works well on smaller time-frames. Buy Up into the range when the bears fail or sell back down when the bulls fail. Avoid the Middle of the range.. When the Instrument makes a New leg mark of the range again and repeat.
I am awaiting the next move to determine direction
I am awaiting the next move to determine direction
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