Hey traders!

A similar picture to yesterday. Prices are trending higher from the overnight session. First, we started with the green uptrend, which formed a much bigger structure. The trend broke and prices just retested the highs, making a new high. Prices stay within the yellow range for quite some time but as you can see there weren’t good trade possibilities of the range lows/highs. Either the signal bars were not right or the context was not fitting well.

Just now we broke out of the range to the top side. Most breakouts fail so we should see at least a retest of the breakout area if not even prices to come back into the range.

Hope you had a good trading day.