US30 pullback before we go lower
Updated
Yesterday we saw a major pump and dump in price which was caused by the US CPI news during the New York session. US30 weekly and daily structure are both bearish; however, I expect a pullback to 34600 before we go lower to 34280; which I believe we will see next week. Monitoring buy positions currently. Potential 100+ pips move to the upside today
Trade closed: target reached
Price did exactly as I predicted
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.