US30 - 25th Aug - Bear or Bull momentum expected?What a week - Us30 stayed within a range majority of the week until yesterday..
If you followed my Analysis posted on Monday you would see that I gave all areas of interest and probability of where the market most likely will go to
Yesterday the Sellzone was triggered(4h flipzone) and we caught the entire move after NYC Market opened. Total 600 ticks, +1,73%, Zero drawdown..
Today is interesting (apologies for the messy charts)
- Monday, Tuesday, Wednesday buyside liquidity swept
- 4hr flipzone respected
- 4hr eq lows taken and 4hr SP taken
- PWL low taken
im expecting the market to close on the Liquidity Gap created and push higher for the correction.
- We may also see price push towards PWL and selloff again
What goes down must come up and vice versa. Powell normally causes this.
Be on the lookout - i will update if my rules are met.
