My analysis on us100 (what else right XD)
My analysis is based on the consolidation on the higher timeframe. i want price to come lower, maybe take liquidity or go right away from OB and then push to the upside.
The fundamental part is really making sense with this scenario. I mean big rate cut just happened and high potential for another cut. The cpi and inflation came back worse, but i think this shouldn't make big impact.
Am i alone on this one? Share your thoughts with me, i will really apreciate it.
The fundamental part is really making sense with this scenario. I mean big rate cut just happened and high potential for another cut. The cpi and inflation came back worse, but i think this shouldn't make big impact.
Am i alone on this one? Share your thoughts with me, i will really apreciate it.
Trade closed: target reached
This trade idea played out perfectly, take profit hit 90 points. 3 to 1 RR.
Only thing Is that i needed to adapt and take this trade off of fair value Gap. (that reversal candle on 20,205.7 was confirmation btw.)
I think this analysis was success.
(sorry for the same thing in comments, i just learned that you can't update ideas like this on tablet or phone XD)
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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.