Guys US30 there been alot of buy pressure. However As you can see the zone buyer are very likely to get trap
SHORT TERM trade (SELL)
Move ur SL to 24860
- buyers losing momentum
- hard pull back is needed
- going to 0.5 fib as I have a buy limit there(unfilled orders)
- more of a manipulation trade
- looking for two entries but you one should be fine as risk to reward is great
- Second entry is more safer
Goodluck guys and risk appropriately.
SHORT TERM trade (SELL)
Move ur SL to 24860
- buyers losing momentum
- hard pull back is needed
- going to 0.5 fib as I have a buy limit there(unfilled orders)
- more of a manipulation trade
- looking for two entries but you one should be fine as risk to reward is great
- Second entry is more safer
Goodluck guys and risk appropriately.
Comment:
Guy on a 5 min candle price came back and filled the order which is usually a good sign. Currently Price at the enter I expect it to go down