Currently, DOGEUSD, ALGOUSD, UNIUSD, COMPUSD, and FLOWUSD are all exhibiting short flow, yet the price levels are positioned dead center between the recent highs and lows.
This is what I consider a "no deal" for me—meaning there's insufficient price action near the key support or resistance levels for me to confidently enter a position.
In this situation, the potential risk-to-reward ratio isn't favorable, and I prefer to wait for the market to move closer to significant breakout points or extremes before considering a trade.
Essentially, without a strong move toward a high or low boundary, there isn't a clear enough setup to justify entering these short trades at the moment. Staying on the sidelines is often the best option until the price action gives a more decisive sign
This is what I consider a "no deal" for me—meaning there's insufficient price action near the key support or resistance levels for me to confidently enter a position.
In this situation, the potential risk-to-reward ratio isn't favorable, and I prefer to wait for the market to move closer to significant breakout points or extremes before considering a trade.
Essentially, without a strong move toward a high or low boundary, there isn't a clear enough setup to justify entering these short trades at the moment. Staying on the sidelines is often the best option until the price action gives a more decisive sign
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.