US30 Falls yesterday causing much of the traders to lose their bullish trades. The market faked like it wanted to go bullish but slid over 250 points. Price is currently closer to support 42300 and is likely to continue to consolidate between here and 92900. This is a zone to take small intraday trades to make up for any losses sustained with yesterday's slide.
For bullish confirmation look for a retest above 42900.
Be careful by paying attention to look for higher highs and higher lows.
Be safe out there. Good trading.
For bullish confirmation look for a retest above 42900.
Be careful by paying attention to look for higher highs and higher lows.
Be safe out there. Good trading.
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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.