Daily Breakdown #2 | The Modern Day Trader | US30 - SHORT
What's up Traders!
In this video I've provided a full breakdown of my watchlist but the instrument I'm focusing most on today is US30.
US30 is currently at a Daily High and Yesterday's close completely engulfed the previous, indicating a strong rejection from the area.
Structure from the 4-hour right down to the 1-Hour is shifting to the downside with clear one-sided displacement. I'm patiently waiting for a correction into my POI to drop down into my micro-timeframes to observe if my entry criteria is met so I can pull the trigger for short positions.
In this video I've provided a full breakdown of my watchlist but the instrument I'm focusing most on today is US30.
US30 is currently at a Daily High and Yesterday's close completely engulfed the previous, indicating a strong rejection from the area.
Structure from the 4-hour right down to the 1-Hour is shifting to the downside with clear one-sided displacement. I'm patiently waiting for a correction into my POI to drop down into my micro-timeframes to observe if my entry criteria is met so I can pull the trigger for short positions.