TL;DR:
. price is range-bound
. a reclaim of the grey rectangle above might lead to upthrust. I will exit my short in that case. I believe in that case range high (red) is highly likely.
. a move towards eq lows will most probably send the price towards the demand area.
. price is range-bound
. a reclaim of the grey rectangle above might lead to upthrust. I will exit my short in that case. I believe in that case range high (red) is highly likely.
. a move towards eq lows will most probably send the price towards the demand area.