US30 has pulled back from ATHs, and has landed on a 12H bullish order block.
I am looking for the transition from bearish to bullish momentum, and I believe I see it forming.... the inverted quasi.
All I need is a right shoulder, and this could be a lovely swing to the upside.
US30 has reached support, and has doubled bottomed. Good. Bullish rejection on the 4H. Good. Now, all we need is bullish price action to confirm a valid entry for long.