Near is trading in a horizontal range. Currently, it is on horizonal and trendline support. A short term trade can be taken if it closes a 4h candle above 15.8 for 17.2. However, breaking below the consolidation i.e. 4h closing below 14.5 will trigger a short call towards 12.55. Keep it in the watchlist.
Note
Breakout, retest, boom.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.