Hey traders!

Today we saw some mix of range day with an uptrend. Notice how prices are doing higher lows each swing.

We started the overnight session with a range. Prices stayed in between the overnight lows and highs. After the opening prices broke out of the range to the top side and formed the green uptrend. That trend broke and prices retested the highs. It is very typical for ranges that the breakout area is getting tested as well, so we saw a retracement back inside the range and could not reach the range lows anymore. From there prices trended higher. I found an uptrend working higher which already broke, so I am not sure if this trend is valid or has to be drawn a bit wider.

All in all a good trading day with some good trading opportunities.

Hope you had a good trading day.