ryanweier

US30 - PRE NY SESSION ANALYSIS - 05012022

Short
OANDA:US30USD   US Wall St 30
Overall bias coming into the first trading day of the month is still definitely bearish.

I'm looking for price to retrace a bit before getting in on a sell order.

Patiently waiting for signs of exhaustion/reversal near previous structure highs on the lower TFs along with confluence around the 38.2 fib level drawn out which falls in a supply/demand zone.

Happy trading and see you post NY session!

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