short on US30
Updated
As we can see US30 is at the weekly bearish order block and the market have been bullish for three trading day now, so we wait to see if it want to take the previous day's high using the volatility from the New York session and if it shows a market structure shift to want to retrace down
Note
Has we can see price indeed took out the previous day's high and into the equilibrium point of the weekly orderblock... I'll be looking for a shift in market structure and a return into the breakers block for a short entry... I'll keep you updated.Not a trading advice, please DYOR
Note
As we can see taking an entry on 5 minutes time frame at price level @33620, we were able to book 1:4 R: R even though the market is expected to takeout more sell-side liquidity( as in retracement to takeout higher low)...follow for more trading insight :)
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