US 30 - Ranges overview
We have taken the buyside liquidity of the weekly open range (black line) and we are currently trading back below Monday's open.
Let's see how we play from here
IF we reclaim the weekly open high expect us to continue higher towards new highs
IF we fail to reclaim and close back below the weekly open high expect us to run the HTF sellside
It's the end of the week so don't hesitate to reduce your position size.
Hope you guys had an amazing week and that your trading week was a pleasant one as well. As always...your weekly result simply reflect your weekly performance...our trading journey is a marathon not a race.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Let's see how we play from here
IF we reclaim the weekly open high expect us to continue higher towards new highs
IF we fail to reclaim and close back below the weekly open high expect us to run the HTF sellside
It's the end of the week so don't hesitate to reduce your position size.
Hope you guys had an amazing week and that your trading week was a pleasant one as well. As always...your weekly result simply reflect your weekly performance...our trading journey is a marathon not a race.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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