Merafe in a Range Bounded area - Neutral outlook until break

2023년 4월 4일

Range bounded has been the overall trend for Merafe.
It seems like there is just a fight between the bulls and the bears.
We can only assume the price is most likely to break up due to the previous momentum.
I will only wait for a break above or below the range before acting upon.
MAs are all close confirming the sideways movement.

SMC:
There needs to be a break above the Buy Side LIquidity in order for the bulls to really take over. But right now it's a selling zone for Smart Money which goes hand in hand with the range box.