Some potential range scalps/Day trades

٢٤ يناير ٢٠٢٣

Contrary to my other post price could just come up to the top of the range into the resistance of a 0.886 fib level a monthly s/r and a naked daily point of control. If this can happen with mid timeframes showing momentum divs and money flow continues down price is likely to come back into the value area and down to the low of the range where it could either once again bounce back into the range or continue lower creating a lower low.