so we have a level of exhation on a higher timeframe which it needs to retrace in order for the pair to move higher. we should expect a sell side until it reaches on the exhation zone that is marked with purple and we should continue to the up side
So after the first analysis which didnt hold the exhation area and the fib retracement, the us30 index came to retrace to 100% of the fibs , now as we follow the rules of BOS it did break the structure on a lower timeframe so now we can execute the buy side
After a small retracement from the long move of friday we are looking forward for another long run after the pullback on the exhation zone on 4h timeframe
Potencial buy side on Us30
As of levels of exhautions and the retracement pulled from the news i think we can look for buy side after a break of structure to the upside
As long as Jpy is getting weaker day by day we on the form of retracement of Fib Ext. we can look for buy areas either retest zones as we can see the blue zone or engulfin candles
A sell opportunity on Usd/Chf as daily tf fib retracement has been made for continuation as we can see on lower TF we have major key level of exhaution area formed and buyers are getting weaker
