US 30 - Ranges overview
Not much happening from an overall perspective in the markets since we’ve started September.
Overall ranges are pretty clear from here. Here is what I would be looking at for this week.
IF we fail to hold the current lows expect us to continue lower towards the sellside sitting around 39880 expect. Any clean break below 39880 and we’ll continue lower towards the HTF sellside (red line)
IF we hold the current lows we should expect a run back towards the buyside resting about 41000. If we close above and hold expect us to continue higher.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Overall ranges are pretty clear from here. Here is what I would be looking at for this week.
IF we fail to hold the current lows expect us to continue lower towards the sellside sitting around 39880 expect. Any clean break below 39880 and we’ll continue lower towards the HTF sellside (red line)
IF we hold the current lows we should expect a run back towards the buyside resting about 41000. If we close above and hold expect us to continue higher.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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