DE30EUR 2021 Feb 08 Week
DE30EURDE30EUR 2021 Feb 08 Week (Intraday)
Green/Red zones = preferred entry zone
D1 chart showing weakness
- shortening of thrust observed
- price advancing on decreasing volume
H4 chart similarly showing price advancing on diminishing volume
Also note the narrow range bars as it approaches the high.
if price forces through resistance and show rejection, it will be good opportunity to short.
Else just ride the channel
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Have a safe and profitable trading week ahead.
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