still ranging......

Virus attack on my notebook kept me away from chart these few days. Had to trade from a nearby cyber cafe.

Meanwhile, the price keep ranging; even though there are signs of bull exhaustion as the price keep making lower highs, there is still no confirmation that the bears has gained control of the market.

Short trading week (as the NY market will be closed tomorrow) might be the reason the market is moving cautiously.

However, next week should see a clearer market direction when the price breaks out from either trendlines shown below.

H4 chart as of 1 am Malaysia.


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