Finally changed my chart to something more soothing to me😌
US30 on the weekly and daily TF is in a clear uptrend, moving along with the upward bias, it has created a valid OB(order block) which came with a break of structure and a liquidity sweep and make a market structure shift closing above the previous already made high
There are two order blocks on my own opinion that price will react from, the two order blocks prove to be valid using the fib tool..they both fall on the 50% premium zone...
Although using the RSI for more confluence, the current price isn't overbought yet and so making the lower OB more valid, cause price might tend to react from it
Look forward to buying 📈
US30 on the weekly and daily TF is in a clear uptrend, moving along with the upward bias, it has created a valid OB(order block) which came with a break of structure and a liquidity sweep and make a market structure shift closing above the previous already made high
There are two order blocks on my own opinion that price will react from, the two order blocks prove to be valid using the fib tool..they both fall on the 50% premium zone...
Although using the RSI for more confluence, the current price isn't overbought yet and so making the lower OB more valid, cause price might tend to react from it
Look forward to buying 📈