US30 completed two market sweeps to gain liquidity which is a good indication that price is most likely closer to its reversal point.
Market makers swept stop losses and buy stop orders at 43700 and 43800 last night only to push price lower. As I mentioned over the last week. Price is likely to go all the way to 43300 at which it will likely begin to reverse.
Before it reverses, expect there to be a time of consolidation. Wait for the breakout and retest before deciding to take along trade.
While in consolidation look for the range low and range high to set your intraday trades for smaller profits.
Market makers swept stop losses and buy stop orders at 43700 and 43800 last night only to push price lower. As I mentioned over the last week. Price is likely to go all the way to 43300 at which it will likely begin to reverse.
Before it reverses, expect there to be a time of consolidation. Wait for the breakout and retest before deciding to take along trade.
While in consolidation look for the range low and range high to set your intraday trades for smaller profits.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.