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ryanweier
Jun 9, 2022 11:55 AM

US30 - PRE NY SESSION ANALYSIS - 06092022 

US Wall St 30OANDA

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US30 - PRE NY SESSION ANALYSIS - 06092022

In the last week or so price has had a nice push up and is now hanging out around the 32750 - 33250 range approximately.

This week has been consolidation with price bouncing up and down within a roughly 350 point range.

On the daily price appears to be resting on a weekly support/resistance level of approximately 32875

Today I am looking for price to either retest recent highs of approximately 33200 and exhibit signs of exhaustion/reversal to then get into a short order targeting recent lows of approximately 32800.

If price pushes down after NY open to approximately this 32700 - 32800 level then I will have an eye out for signs of exhaustion/reversal to get into a long position targeting recent highs of approximately 33200.

Being patient and waiting for the right entry.

Waiting for confluence of support/resistance levels and/or supply demand zones with market structure / candle patterns that indicate price exhaustion/reversal forming.

Have a great trading day and I'll try to get back with you today after NY close!

Let's get this bag!!!
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