US30 2-14-2022
Updated
US30 has been in a downtrend on the 4HR and on the Daily we are in a uptrend where we could be making a higher low in the daily, and on the daily we did just approach the last push down before the push up (IT candle) where we could possibly see rejection but also we have this area I have been looking at since a week or 2 ago that is the last push down before the push up where we could anticipate for accumulation to beable to then take it to the upside, we will see what type of rejection we get in this area we are in, markets could possibly blast but well be patient and update in the AM.
Note
So we see havent made too much movement we just been consolidating to create a bunch of buys and sell orders and we have been playing in this imbalance right above some equal highs we swept so from here we swept the liquidity we had around the 34,800 area and we could either continue its uptrend that we have on the daily where we may have just created a higher low or we may come down to the liquidity we have sitting around the 33,300 area. Looking on the daily we did just play into the last down move before this massive push up so we may go up from here but me i will be patient because this is the highest probability set up i see in my opinion so we will update in the AM
Note
Looking at US30 we have rejected off of that last push up before the move down and now we have been continuing down and from here we could possibly anticipate a entry soon it may come to this IT candle i have marked out and everything lines up for the trade but its not in my trading time personally so the entry isnt looking too spicy but this is what we could see into london till NY. So we will update in the morning or if we are up during london and see something
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