US100 H1
We are still very much in an uptrend on the US100, and as per the above H4 analysis, we ideally want to be trading with the trend. This hourly setup offer a long entry with stops covering arguably the previous lower high. The H1 timeframe looks good, 19700 price is a whole number price level.
The only concern lays on the H4 timeframe, where it looks like we are wanting to break downside further. Not looking to jump in this yet, but if we can see some hourly support confirmation, this could be something we entertain as we move into the US market open.
We are still very much in an uptrend on the US100, and as per the above H4 analysis, we ideally want to be trading with the trend. This hourly setup offer a long entry with stops covering arguably the previous lower high. The H1 timeframe looks good, 19700 price is a whole number price level.
The only concern lays on the H4 timeframe, where it looks like we are wanting to break downside further. Not looking to jump in this yet, but if we can see some hourly support confirmation, this could be something we entertain as we move into the US market open.
Want to find our more about us? Check out the website link below!
FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
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e-Mail: info@tradesimplefx.com
FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com
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.
Want to find our more about us? Check out the website link below!
FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com
FREE Telegram: t.me/Trade_Simple_FX
Website - stan.store/TradeSimpleFX
Instagram: instagram.com/trade_simple_fx
e-Mail: info@tradesimplefx.com
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.