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Potential reversal for US30 from the 4H RDRB Price Range.
Take Profit would be the highs from yesterday.
Lets see how this one will play out
ملاحظة
So i got into this way to early because and we`ve got a classic pre FOMC panic sell.
In the NY AM session i`ve looked for some long opportunities again because with asia and europe in red there`s a high chance for rebalancing in the NY session.
After opening I expected an immediate push to the upside as this is often the case but we dumped some more.
Luckily we`ve got a nice setup around 5pm german time, this is when NY AM closes and with that we often see fading volume and a reversal.
So i got into some longs there and will hold them until we reach the 2H FVG, our main area of interest for the short term.
لقطة

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