US30 | BACK TO SWIPE LIQUIDITY ABOVE?

US30 has recently suffered a huge drop in price, but seeing as Crude Oil inventories and Gas inventories were higher than forecasted and dispite this bad news, we didn't break further down.... Suggest we could be a potential bottom here.
4 hour candles suggested a TWEEZER like candle pattern with a double bottom of lower timeframes. Could this be the time to head back up and wipe liquidity and then move downside? OR will we continue up to test eventually all time highs?

Lets wait for a breakout and retest for a LONG

Comment:

First Line of liquidity reached, testing the 20 EMA on the 4 hour which also corresponds with a resistance expecting a small drop back to support or our potential entry of 33118 ish

Lets see!

Comment:

After a further check, we may see a bounce from 33233 region as this carries a new support area, if we see rejection here then we can take the buy earlier than expected but SL remains the same!

Comment:

Shot off as NY session kicked in. This trade was missed as it didn't quite touch the support we expected and we don't FOMO in, lets wait for a selling opportunity.

Good call though on liquidity grabs. Hopefully some of you got in on this move!

Comment:

An incredible run for US30 and we had it bang on the money for grabbing liquidity! Would have made a perfect trade!

Trade closed: target reached