Moving into this week my key level i will be watching is 34600 below this we could see a drop into 34300 which is a major support level. Below 34300 come 34000. If we can maintain above 30600 we will likely see price move into 35000 supply zone
we have a beautiful A+ set up for tonight/tomorrow on us30 bearish order flow in confluence with falling wedge patter right into a nice demand zone filling the fare value gap before we continue the bullish move up to the high which will be my first target then the next important supply zone above will be my final target
after we got the expected bounce off the weekly trend line and rejected daily demand zone looks like we are starting to make a transition back to the north side i will be loading up on swing longs from here
bears still have control short term while channeling down. will be expecting a bounce off this trend line to create a bigger move to start giving the bulls a chance to get back up to 2000
just be cautious on this channel trending down currently and do no sell at bottoms sell when price pulls back to top of channel or towards supply.
Here is a bullish and bearish scenario that should play out in the next few days. We will either continue the move higher or move up to supply zones and continue moving down this channel.
