US30 Rejects Area of Structure While Forming FVG Fair Value Gap
Previous Analysis:
US30 demonstrates very strong price rejection with "BEARISH" price action candles developed in the previously mentioned price range between $38,050 - $37,900. Price appears to be in an "ACCUMULATION phase", low-key consolidation but a wider range of price movement or fluctuation. Its following this phase in market movement we can begin to anticipate a greater push to the downside or a jump up in price value. Either way set your high and low price alerts and let the market lead the way.
Current Analysis:
US30 forms FVG Fair Value Gap, at an area of market structure ranging between the following price points $37,975 - $37,830. If US30 is to demonstrate its continued BEARISH momentum down, I anticipate the price returning to the recently developed FVG, filling it in with price movement, receiving more orders, and rejecting it more continuing the BEARISH 1Hr trend downward.
Enter accordingly:
Entry: When price returns to FVG.
SL Stop Loss: 1%
TP Take Profit: 3%
"Please be advised by no means is this financial advice! Trade responsibly and always limit your loss."
Follow @Peni2Dollarzfx
US30 demonstrates very strong price rejection with "BEARISH" price action candles developed in the previously mentioned price range between $38,050 - $37,900. Price appears to be in an "ACCUMULATION phase", low-key consolidation but a wider range of price movement or fluctuation. Its following this phase in market movement we can begin to anticipate a greater push to the downside or a jump up in price value. Either way set your high and low price alerts and let the market lead the way.
Current Analysis:
US30 forms FVG Fair Value Gap, at an area of market structure ranging between the following price points $37,975 - $37,830. If US30 is to demonstrate its continued BEARISH momentum down, I anticipate the price returning to the recently developed FVG, filling it in with price movement, receiving more orders, and rejecting it more continuing the BEARISH 1Hr trend downward.
Enter accordingly:
Entry: When price returns to FVG.
SL Stop Loss: 1%
TP Take Profit: 3%
"Please be advised by no means is this financial advice! Trade responsibly and always limit your loss."
Follow @Peni2Dollarzfx
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.