Now, we'll see if it can maintain 50% of the momentum, to check whether the trend will continue.
12 November:
When the market is ranging, it means prices are moving sideways within a specific horizontal range, without showing a clear uptrend or downtrend.
In a ranging market, certain strategies are more effective, like buying at support and selling at resistance. Indicators like the RSI can also help by showing overbought or oversold conditions.
When the market is ranging, it means prices are moving sideways within a specific horizontal range, without showing a clear uptrend or downtrend.
In a ranging market, certain strategies are more effective, like buying at support and selling at resistance. Indicators like the RSI can also help by showing overbought or oversold conditions.
Waiting for a breakout from the range zone can help avoid false signals and low-probability trades within a choppy, sideways market.
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