Seems that US30 may be in for another corrective move following previous weeks hard spikes downward. This is my first post trying out this idea feature so just bear that in mind. I think it has already started but there will be another safe entry point for a short maybe under the H1 zone as long as my entry criteria are met. However, I do have some shorts running from the top that have SL's in profit. Shorts will be closed lower down as I do think the market can continue this irrational move upward longer
Green boxes are for my entries. Drawn on H1-M15 time frame
Horizontal lines are mostly for exits, S/R. These are either H4 or D1 levels
Green boxes are for my entries. Drawn on H1-M15 time frame
Horizontal lines are mostly for exits, S/R. These are either H4 or D1 levels
Order cancelled:
Seems like we didn't want to continue moving lower. Lower High did give another short signal under the upper zone, TP was lower zone/Line
Long confirmations were there but since I was short swing biased I didnt take them. Structure was broken after creating those higher highs and creating a new HL which was higher that all other previous lows in the range. Still no longs taken, sidelined to re-eval
Long confirmations were there but since I was short swing biased I didnt take them. Structure was broken after creating those higher highs and creating a new HL which was higher that all other previous lows in the range. Still no longs taken, sidelined to re-eval