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Wait, this $DEXE setup is actually cleaner than it looks at first glance.
We’ve had a massive run from that 1.70 bottom, but now we’re just ranging at the top. Most people see this and think it’s over, but I’m noticing how it’s holding above 3.40 like its life depends on it.
Volume is falling off while we move sideways. In my experience, that’s usually just the market catching its breath before the next leg. If we can flip 3.75 into solid support, we’re probably looking at a straight shot toward the 4.00 mark.
The daily candles are looking a bit indecisive though. I’m staying patient. I'd rather buy the breakout or a deeper retest at 2.90 than get chopped up in the middle of this range.
Watching the order book for some big buy walls before I commit.
#FebNonfarmPayrollsUnexpectedlyFall