Following simple market structure;
- Price broke the Daily trendline
- Currently watching the price which is in a support zone. Where the price been consolidating.
- I´m watching closely to see what the market will do.
ATT: Strong news release FOMC at 8:00pm (GMT+1)
Short opportunity on US30, if this liquidity zone isn’t respected then we look for the next liquidity zone on from that - looking for it to respect this area with 3 confluences to support it
Haven't seen the indices bearish in a while, only for a few hours, recent occurrences throughout the world changed that though. So now we're trying to ride the wave at the healthiest retracement possible. LFG fam!
A beautiful Elliott Wave, we may see some SHORTing taking place as it is has reached ALL TIME HIGHS!
Please leave a comment if you agree or disagree, also if you trade Elliott Waves. I have just started to read up on it and found this pattern.
