Last week, we talked about some points to pay attention to in intraday short-term trading. When the 24-hour high and low are compressed into a very small range, the main force will choose a direction. Then the price will soon either shoot upward or pull downward—sometimes it may extend to both the upper and lower sides at the same time. This range must be expanded to above 100 points to count as normal movement.
If you want to trade from the left side (anticipatory entries), look at indicators on timeframes below 15 minutes. As long as the indicators on the smaller timeframe rebound, you can bet on an upward rebound.
If you want to trade from the left side (anticipatory entries), look at indicators on timeframes below 15 minutes. As long as the indicators on the smaller timeframe rebound, you can bet on an upward rebound.