US30 H4
When the markets opened, we saw a large gap to the upside. Following another 30-60 minutes, what would have been our SL would have been knocked. That being said, we wait patiently for the markets to settle before then deciding how we are going to take out trades. We are still very much focussed on this same trading zone, hence the analysis remains the same.
I'll be looking for price to reject this 42,300 price again and test the underside for us to consider and measure entries. Lets see what unfolds, but this setup is still on the cards.
When the markets opened, we saw a large gap to the upside. Following another 30-60 minutes, what would have been our SL would have been knocked. That being said, we wait patiently for the markets to settle before then deciding how we are going to take out trades. We are still very much focussed on this same trading zone, hence the analysis remains the same.
I'll be looking for price to reject this 42,300 price again and test the underside for us to consider and measure entries. Lets see what unfolds, but this setup is still on the cards.
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