Chart

Hi traders!

Prices stay within the overnight highs and lows today. So we have a classical range day. You can see smaller up- and downtrends working within the range but it is hard to trade as the channels are pretty small without real momentum behind it. Usually in ranges, we trade off the highs and off the lows back inside the range. Since the lows are not consistent and prices are not even close to the highs we have to sit on our hands and wait. I marked two possibilities that seemed to be interesting.

Hope you had a good trading day!