Thursday, April 9, 2020

E-mini S&P 500 Break Above Balance

The market broke out of the prior balance area and one-time-framing highe to the next bracket. For now we testing a micro balance area. Yesterday the market found resistance at the bracket low. Today the market heading towards the next resistance level which should be the mean of that micro balance area and the bracket high. Observing any pattern on the lower timeframes to conclude a trade scenario.

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