Chart

Hey traders! Prices were forming a nice spike and channel structure today. See the overnight green spike up and then the wider channel forming a bigger uptrend. Within that trend there were a few smaller uptrends and ranges working. I am sure you will wonder about the marked short trade. At this point, I was playing the range and just had a “feeling” that prices will test the range low one more time on the second entry. It is against the upwards context so do not take this trade according to our playbook. Hope you had a good trading day.