US 30 - Ranges overview

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Here is what I will be looking for upcoming week on US 30.

As you can see we've broken out of the HTF range (red line) and we are currently trading back towards the sellside.

IF we break back within the range and hold expect some downside pa towards 39500. This will confirm a deviation of the highs of the range.

IF we hold the current sellside...expect us to retrace towards the buyside liquidity and to continue towards new ATH.

No need to impose your WILL on the MARKET. LET IT COME TO YOU AND TRADE WHAT THE MARKET SHOWS YOU

PLAN....PATIENCE....EXECUTE

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.

Penafian

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