USA.30 19\01\2022
looking at USA.30 price had been dropping reached a support level then made a movement back to the upside where price retraced to a 61.8 Fib key level zone, broker slightly above going to a fresh supply zone that had been created by the market break of previous structure to the downside. there is a strong demand zone at the bottom at price 32112 where according to my analysis price will have extended the previous impulse to the fresh demand zone that still needs to be tested to distribute price to the upside. So if you looking for trades i'd recommend patience and seeing price react at 33303 then waiting out the movement to the upside till price gets to 34712 you can take a sell with a stop a few pips above 34926 and have tp at the same place as your buy limit at price 34712.
_one man's view.
_one man's view.
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