US30 has been consolidating for about a week now (roughly similar ranges). It has been using the same reversal patterns when in ether zone. I will be looking for Long entry opportunities (preferably a double bottom or Inverted Head and Shoulders) on the M15 and M5. I will want to see the close of a green candle after rejection, then hold for the rest of the week.
Potential Risk:Reward is 1:4
*Disclaimer* This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are crucial. #Trade_Like_A_Magnate