Today was a good day again to test the strenght of the US dollar, which remained strong. Red folder news was good for USD.
The DXY Index was also very strong today.
Looking at the US30 chart, 4H timeframe. I marked this zone it keeps coming back to in purple(resistance/counter zone).
All the way to the left some bullish imbalance(start of the zone).
After reaching some highs a few days ago it went down for a bit, back to this zone, passed it downward to just above 34000, where i see 2 nice 4H wicks, and the price went back up, past the purple zone again, came back into it again, and then one last 4H wick, touching the bottom of the zone and the price went upward again out of the zone.
From here i can see it reach 35646.
Will take 80% profits around 35200-35300 levels probably.
SL at 34672, just a bit below the purple zone.
If anyone has any ideas or feedback, all welcome!
The DXY Index was also very strong today.
Looking at the US30 chart, 4H timeframe. I marked this zone it keeps coming back to in purple(resistance/counter zone).
All the way to the left some bullish imbalance(start of the zone).
After reaching some highs a few days ago it went down for a bit, back to this zone, passed it downward to just above 34000, where i see 2 nice 4H wicks, and the price went back up, past the purple zone again, came back into it again, and then one last 4H wick, touching the bottom of the zone and the price went upward again out of the zone.
From here i can see it reach 35646.
Will take 80% profits around 35200-35300 levels probably.
SL at 34672, just a bit below the purple zone.
If anyone has any ideas or feedback, all welcome!
