Hola! Alright, my economics, surfers and enthusiasts , gather 'round and catch this wave ! The weekend has been quite the thrill, but that price action on the ETHUSD market was a bit of a rangebound, huh?As we analyze its waves, we discern the main three legs that have shaped this intriguing market journey. Fascinatingly, we observe that a whopping 68% of the volume resides between the last two legs, a zone of significant congestion and uncertainty.
Now, the challenge lies in finding a pathway to navigate out of this tightly bound range. Currently, our prudent approach involves trading scalps within this rangebound style, seizing quick opportunities amidst the undulating waves. The trading zone has us all scratching our heads, wondering which way to paddle.
Now, my fellow wave riders, we're looking for a sweet discount zone and keeping our eyes peeled for any signs of weakness on our levels. It's all about staying patient and waiting for the right moment to ride that epic wave of opportunity.
But hold on to your boards, because next week's got some serious dollar boosters coming our way on the economic calendar. That's going to create some gnarly turbulence in the market, for sure! So, tighten your leashes and get ready to navigate those waves with skill and finesse.
Keep the stoke alive, my economics surfers crew, and remember, in the ever-changing tides of the market, knowledge is the ultimate currency. So keep learning, keep analyzing those charts, and keep riding those waves of profit! Catch you in the lineup, dudes and dudettes! 🌊🤙🏄♂️
Now, the challenge lies in finding a pathway to navigate out of this tightly bound range. Currently, our prudent approach involves trading scalps within this rangebound style, seizing quick opportunities amidst the undulating waves. The trading zone has us all scratching our heads, wondering which way to paddle.
Now, my fellow wave riders, we're looking for a sweet discount zone and keeping our eyes peeled for any signs of weakness on our levels. It's all about staying patient and waiting for the right moment to ride that epic wave of opportunity.
But hold on to your boards, because next week's got some serious dollar boosters coming our way on the economic calendar. That's going to create some gnarly turbulence in the market, for sure! So, tighten your leashes and get ready to navigate those waves with skill and finesse.
Keep the stoke alive, my economics surfers crew, and remember, in the ever-changing tides of the market, knowledge is the ultimate currency. So keep learning, keep analyzing those charts, and keep riding those waves of profit! Catch you in the lineup, dudes and dudettes! 🌊🤙🏄♂️
Daniel P. Fadejev