Here is a little insight into why I would prefer going long for now on US 100.
We are currently sitting around the FVG on the HTF (Weekly).
As a consequence we know that there is a lot of liquidity to be grabbed.
Additionally we are currently within another HTF range (red lines) which have a left a lot of orders prior to the drop.
We will see of the market goes from here so be PATIENT, OBSERVE the market and ACT
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.
We are currently sitting around the FVG on the HTF (Weekly).
As a consequence we know that there is a lot of liquidity to be grabbed.
Additionally we are currently within another HTF range (red lines) which have a left a lot of orders prior to the drop.
We will see of the market goes from here so be PATIENT, OBSERVE the market and ACT
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.
