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US 30 short - swing trade (update)
We got some CPI numbers at 8:30 am (NY TIME) and the market broke out of our range and is currently heading towards the HTF buyside sitting around 39865.
Taken some profits below 39675 and will be looking to see how we play from here.
IF we fail to hold the buyside sitting around 39865 expect us to retrace towards the HTF sellside
IF we break above and hold we will continue and head towards all time highs on US 30.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Taken some profits below 39675 and will be looking to see how we play from here.
IF we fail to hold the buyside sitting around 39865 expect us to retrace towards the HTF sellside
IF we break above and hold we will continue and head towards all time highs on US 30.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
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