US10Y - Stance Resistance @ 4.249%. Will It Break?

2024年7月20日

Smooth edges loves to become jagged in the market and with 4.249% being a weekly double top, this could potentially entice more short traders into the market as the logic is 'sell resistance, buy support'

I go against that logic so 4.282 - 4.288 will be the next draw on liquidity if we are to see a continuation to the upside

2024年7月24日

註釋

New week opened with a gap, with Tuesday closing the gap closing out as a bearish hammer candle.

4.278% will be the next draw on liquidity before the overall weekly target is hit @ 4.282 - 4.822

2024年7月24日

交易結束：目標達成

Weekly Target Met!

2024年7月25日

交易進行

Sharp rejection from the outlined volume imbalance. Daily shift in market structure back down to the weekly order block.

4.190% hourly array is the next draw on liquidity

2024年7月25日

註釋

Thursdays daily price action has closed as a bearish engulfing candlestick with 3 days worth of sellstops also being taken. New lows for the week has been created today.

The weekly bullish order block has also been tagged before a sharp pullback inside of previous days low and open.

4.290% - 4.196% is the dealing range i would like to see friday close above.

Wicks do the damage but candle bodies tells us the story and it's all for the taking tomorrow with 1 high impact news releases at 1:30pm

2024年7月25日

註釋

That volume imbalance is a make or break for where price action will end up.
If we fail this region, the previous post will be in action