Hey traders!

Today we saw a downtrend that started during the overnight session and continued at the opening. First I saw the smaller pink downtrend working lower but after a break and a few pushes to a new low I found a bigger structure that was in play. From there a great 2ES formed right off the EMA. After the channel got broken and retested prices reversed a bit and formed the green uptrend. Also here we saw a break and a couple legs to a new high and prices went over into a range from there.

Some good trade possibilities today.

Hope you had a good trading day!