US30USDUS30 is rejecting a significant weekly resistance in confluence with an equilibrium level and 78.6% fib retracement level in the 25300 level. The 4hr shows a break from consolidation, although further confirmation (break of bullish structure) has yet to occur. Zooming into the 1hr timeframe we can see a clearer picture of broken consolidation awaiting a good-bye kiss (i.e. retest). Leave your feedback, comments please!
Disregard the scalping risk-reward ratio
GM
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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.