Shorting the NAS: An intraday scalp story

15 בינו׳

Lately, price action has been ranging and from last week's data on CPI, the market has been in a frenzy to find sustained momentum. On the 4hr TF we can see indecisive movement of price while an ascending triangle chart pattern forges for some upward push if bulls win in the days ahead. In the meantime, I'm trading the short idea from consistent sell candle sticks.