I found this beautiful trading range today. If you follow Zulu_Kilo, this comprises all components of a Wyckoff accumulation range.
I'll be looking for a Monday/Tuesday jump and closing lower by Friday.
Enjoy.
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ADX pointing down on both 30 minute and 5 minute chart, this implies trend indicators are less valuable right now (the market is sleepy and undecided), but the longer is stays there, the stronger the next move will be.
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Almost below both directional lines.
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No jump today, small bounce before close more than likely scalper playing tomorrow's bounce.