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A lot of indecision in this area. The major trendline broke previously, but we are at a prior confirmed support zone, and the 618 alternate projection of the prior major wave down, plus the 618 retrace of the recent major wave up. Today's consolidation / range-bound action is somewhat expected right here.
Volume did catch price, but in this instance I am waiting for something more. This is the 3rd attempt at this zone headed down, and I want those stops below Friday's low pivot out of my trade range before I make any decision.
Not watching, but understandable. I don't trade well in consolidation. That really is like flipping a coin to me, even though the SR appears to be very well defined, it will break, and that is when the real volume starts to take notice.