Quick trade idea.
Just an update on the same analysis. This week has brung nothing but consolidation & volatility and I'm looking the volatility to carry into tomorrows CPI Release.
Looking into chart structure now, I had to scale down to the 1HR timeframe to be able to show more details of this idea that you couldn't see on 4HR or Daily. However I'm still bullish for the time being.
I have two points of interest too continue this Bullish push - One possibly being this Daily Level at 35050, or possibly even this 1HR level i have marked at 34,900. Personally I'm leaning more so towards entering off the 1HR level just because i think its more than possible for structure to swipe out the sell side liquidity zone here before continuing to make a new high in price to finish off the week!
This is just my Personal Opinion, Trade Safely!
Just an update on the same analysis. This week has brung nothing but consolidation & volatility and I'm looking the volatility to carry into tomorrows CPI Release.
Looking into chart structure now, I had to scale down to the 1HR timeframe to be able to show more details of this idea that you couldn't see on 4HR or Daily. However I'm still bullish for the time being.
I have two points of interest too continue this Bullish push - One possibly being this Daily Level at 35050, or possibly even this 1HR level i have marked at 34,900. Personally I'm leaning more so towards entering off the 1HR level just because i think its more than possible for structure to swipe out the sell side liquidity zone here before continuing to make a new high in price to finish off the week!
This is just my Personal Opinion, Trade Safely!