No Backside Development: What Does That Tell Us About Price Action?
What Happened 20 Minutes or So Later?
Slow choppy grind up. Weak but it’s moving north.
As I said in the video, I would take the long but small leverage.
And… price, once again, failed to create backside development! Choppy grind. Not the best price action to trade!
Then…
Weakness won! Not shocking at all.
Trade small when price action is directionally weak. I say often on zoom, “There are easier trades”.
Then…..
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