Planning to trade the range shown by red and green rectangles.
Will not blindly fade the range but only with shorter time frame signal as confirms.
Large attractor POC above should be respected, it could definitely pull price up there.
Also the huge low volume pocket below should be respected and could send price shooting below if n support is found when price tests there.
Will be trading under the assumption that price recently made a large move and therefore needs to consolidate. Will trade the edges of the range with small stops because if it breaks the range there's no point in standing in front of the potentially large move.
Will not blindly fade the range but only with shorter time frame signal as confirms.
Large attractor POC above should be respected, it could definitely pull price up there.
Also the huge low volume pocket below should be respected and could send price shooting below if n support is found when price tests there.
Will be trading under the assumption that price recently made a large move and therefore needs to consolidate. Will trade the edges of the range with small stops because if it breaks the range there's no point in standing in front of the potentially large move.
