ZC and ZW have been in range for a while. I got chopped yesterday to the down side. I picked ZW last night which appeared had a better range. It bounced back and crossed my level. It's setting at daily trend line and looks ready to break out. First rule of my top down approach is to identify the trend. I was able to avoid ZC trap. I was willing to stick a leg out to get in ZW for a calculated risk with good RR.
Over all, many markets appears coiled. They are setting up a stage for b/o one way or another. Bulls and bears are fighting and like a tog war. It's choppy now. I need to be careful until trend clear again.
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