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
Take Profit would be the highs from yesterday.
Lets see how this one will play out
註釋
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.
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