looking for more selling opportunities on this current range
bearish momentum seems very much present and overall structure from M30 remains a sell model,re-entry at this violated support.
looking for price to retrace back to marked zones before looking to scale in on long move.
looking for price to pullback before forming new lows
looking for price to retrace back to the bos where possible entry is marked before reaching for marked final target. Fundamental news should be considered when trading US30 and with CPI & NFP this week, we may see price continue to rise or fall impulsively. I will be watching the news closely for any contradicting factors to my setup
this is my anticipation from the weekly chart. price reached a major resistance level, i used the fib retracement 61.8 level for extra confluence.
looking at price pushing higher, the bullish momentum seems stable
Looking at price to test the BOS from the confirmed resistance level. Aware of the CPI news for the $ this week and will be watching them closely from tomorrow then trade according to confirmations
Price is retesting a major resistance level where a lot of bearish momentum exists. A break above this resistance level will invalidate setup.
Price has reached a major resistance zone where the markets opening price for the May month lies. I am looking for short opportunities from that resistance and will be taking the CPI into consideration
Anticipating a pullback to the previous BOS before price can push high again
Hoping for a third touch on the marked support area before price shoots up to take out the highs then rest around 33285 - 33300 level