Peni2Dollarz

US30 Rejects Key Price Level For The 3rd Time This Week

Short
OANDA:US30USD   US Wall St 30
Previous Analysis:
US30 forms FVG Fair Value Gap, at an area of market structure ranging between the following price points $37,975 - $37,830. If US30 is to demonstrate its continued BEARISH momentum down, I anticipate the price returning to the recently developed FVG, filling it in with price movement, receiving more orders, and rejecting it more continuing the BEARISH 1Hr trend downward.

Current Analysis:
With US30 decreasing, then returning filling the recently formed FVG Fair Value Gap formed at or around the following price value range: $37,975 - $37,830 rejecting it for the third time this week. I need to see price demonstrate that it still will remain BEARISH. As it stands currently price is performing as previously analyzed. "HAPPY TRADING!" Have a great weekend.


Enter accordingly:
Entry: When price returns to FVG.
SL Stop Loss: 1%
TP Take Profit: 3%

"Please be advised by no means is this financial advice! Trade responsibly and always limit your loss."

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