Price currently is a untested order Block.. Buyer will push this induce back to 14999 and 15200. With the inflation hike we should expect abit of bearish movement.. We going long for a long term now
We currently trading at sellers territory, a break above the OB the setup is invalid. For now it's a strong selling opportunity for long term.
If you remember we saw a sell in late December. Stop hunts took place before falling for our target.. Same applies to this analysis, a bearish move is anticipated.. Remember we still in retracements shots, use proper risk management.
Us30 is still heading to the upside, but I anticipate we will have a slight retracement to our lower high. With holidays coming along I suggest you enter it with precaution.
Price moved as anticipated.. Expect more analysis.. Well German 30 is currently approaching our high.. So we wait for either a breakout or retracement
As seen price broke out on our descending channel and currently trading above our OB. I anticipate a bullish movement to the previous high level