ryanweier

US30 - PRE NY SESSION ANALYSIS - 04292022

Short
OANDA:US30USD   US Wall St 30
Price pushed back up to approximately 34000 during Asian session and kinda floated sideways during early London session.

There was some nice exhaustion that formed around 2-3 AM which would have potentially made a good entry point but I wasn't awake for that :/

Price now appears to be pushing down retesting recent support of approximately 33800

As of now I'm staying out, I would like to see price push back up to this 34000 - 34200 level and show some signs of exhaustion/reversal before getting in to continue the larger overall bearish trend which I believe is still intact.

We'll see what happens today as this is the final trading day for the month.

See you after NY session!

Good luck!

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