us30 1h supply nested in daily DBD
Market Outlook:
US30 is currently navigating between significant daily supply and demand zones, suggesting a pivotal market phase.
Key Levels:
Daily Supply Zone: Positioned above current price levels, indicating selling pressure and resistance.
Daily Demand Zone: Situated below current price levels, indicating potential buying interest and support.
Technical Setup:
Timeframe: 1-hour
Current Situation: The market is within the boundaries of the daily supply zone, indicating bearish sentiment and resistance.
Trade Opportunity:
Setup: A 1-hour timeframe shows a supply zone nested within the broader daily supply zone.
Analysis: The daily supply zone's dominance suggests potential downside momentum or resistance.
Entry Strategy: Consider short positions or monitoring for bearish signals within the 1-hour supply zone, aligning with the broader daily sentiment.
US30 is currently navigating between significant daily supply and demand zones, suggesting a pivotal market phase.
Key Levels:
Daily Supply Zone: Positioned above current price levels, indicating selling pressure and resistance.
Daily Demand Zone: Situated below current price levels, indicating potential buying interest and support.
Technical Setup:
Timeframe: 1-hour
Current Situation: The market is within the boundaries of the daily supply zone, indicating bearish sentiment and resistance.
Trade Opportunity:
Setup: A 1-hour timeframe shows a supply zone nested within the broader daily supply zone.
Analysis: The daily supply zone's dominance suggests potential downside momentum or resistance.
Entry Strategy: Consider short positions or monitoring for bearish signals within the 1-hour supply zone, aligning with the broader daily sentiment.
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