US30 - Weekly review
Updated
Hello Traders!
Hope this week was a profitable one.
US30 had a rather bearish week - we can see that after last weeks low was broken. Market gave us clear direction for sellside to be taken out.
Yellow lines are showing us previous areas of where sellside liquidity could be.
I expect the bearish momentum to continue however we must also anticipate corrections before the real move happens.
Today is Friday naturally we notice reversals to the current trend for the week. Traps and sweeps will be on the agenda ;)
i will be watching price from 34765 to 34745 for entry zone
REMEMBER this is not confirmation but merely anticipation.
Follow your rules ;)
Hope this week was a profitable one.
US30 had a rather bearish week - we can see that after last weeks low was broken. Market gave us clear direction for sellside to be taken out.
Yellow lines are showing us previous areas of where sellside liquidity could be.
I expect the bearish momentum to continue however we must also anticipate corrections before the real move happens.
Today is Friday naturally we notice reversals to the current trend for the week. Traps and sweeps will be on the agenda ;)
i will be watching price from 34765 to 34745 for entry zone
REMEMBER this is not confirmation but merely anticipation.
Follow your rules ;)
Note
as mentioned - sellside was taken out.Now we wait to see how far they retrace
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