Let's see what the charts are telling us on US 100.
Just like US 30 US 100 retraced and is currently in a redistribution phase.
From a HTF, as long as we hold 16771.6 expect us aggressively trade towards 19000 and 20500.
IF we fail to hold 16771.6 expect us to retrace towards the 16771.6 and 15201 range. Any clean close below 16771.6 and the market will aggressively seek the sellside liquidity around 15201.
As always WAIT FOR THE MARKET TO SHOW YOU ITS HAND.
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.
Just like US 30 US 100 retraced and is currently in a redistribution phase.
From a HTF, as long as we hold 16771.6 expect us aggressively trade towards 19000 and 20500.
IF we fail to hold 16771.6 expect us to retrace towards the 16771.6 and 15201 range. Any clean close below 16771.6 and the market will aggressively seek the sellside liquidity around 15201.
As always WAIT FOR THE MARKET TO SHOW YOU ITS HAND.
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.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.