So What Is the Play Red?
Right now I am watching for short opportunities, with my eyes locked on a sweep of the Inside Range High. That is the area I want to see the Bears defend before I consider getting involved.
I am also looking for a long, but I am not chasing price. I would rather wait for a healthy pullback into a Demand Zone. The 1H Demand Range could give us a solid bounce, especially around the 618 Golden Pocket or the 786 Silver Pocket.
That is my game plan for today.
Now I want to hear from you. Do you think the Bulls finally break out, or do the Bears send them right back into the range? Drop your thoughts in the comments because I always enjoy seeing how everyone is reading the market.
And, like always, trade safe, use good risk management, stay patient, and wait for your levels and confirmations.
Until next time.
Right now I am watching for short opportunities, with my eyes locked on a sweep of the Inside Range High. That is the area I want to see the Bears defend before I consider getting involved.
I am also looking for a long, but I am not chasing price. I would rather wait for a healthy pullback into a Demand Zone. The 1H Demand Range could give us a solid bounce, especially around the 618 Golden Pocket or the 786 Silver Pocket.
That is my game plan for today.
Now I want to hear from you. Do you think the Bulls finally break out, or do the Bears send them right back into the range? Drop your thoughts in the comments because I always enjoy seeing how everyone is reading the market.
And, like always, trade safe, use good risk management, stay patient, and wait for your levels and confirmations.
Until next time.
Red Elephant
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Red Elephant
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.