US30 Pull Back Before Bearish Continuation
US30
A couple of hours before NFP and UR, we're looking to see continued bullish price action that can build greater support. If we see price considerably closer to the 50% pullback area (32500), then I'll be looking for a sharp spike to take out that liquidity on the 8:30am news, and then continued downside to reach today's ATR low in the 31700 area.
A couple of hours before NFP and UR, we're looking to see continued bullish price action that can build greater support. If we see price considerably closer to the 50% pullback area (32500), then I'll be looking for a sharp spike to take out that liquidity on the 8:30am news, and then continued downside to reach today's ATR low in the 31700 area.