Patrick2707

US 100 - Daily ranges overview (update)

CAPITALCOM:US100   US 100
We have taken the sellside liquidity below 17375 as we noted yesterday.... so let's see where the market wants to go from here.

As always it's Friday so don't be afraid to reduce your position size, reinforce your RISK MANAGEMENT and preserve your CAPITAL and PROFIT of the week

IF we reclaim the lows we should expect the market to head back towards the buyside liquidity and the highs of the range
IF we fail to hold these levels expect some further prices to the downside.

No need to front run the market....wait for it and act based on what it shows you

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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.