The ES has been trading in a range since 18 May. The probability of the price hitting the highs and going through is high bearing in mind that this is part of a larger move established since 14 May.
Thus am expecting the range to be an accumulation for a move higher baring unexpected news or geopolitical incidents.
The important thing being placing any trade is to wait for the price action to confirm the move for a high probability trade with a lucrative risk-reward ratio. Always aim for at least 1:1.5RR
Thus am expecting the range to be an accumulation for a move higher baring unexpected news or geopolitical incidents.
The important thing being placing any trade is to wait for the price action to confirm the move for a high probability trade with a lucrative risk-reward ratio. Always aim for at least 1:1.5RR