Good day traders
Us30 did break out of it's weekly uptrend (channel) and approaching an important zone or poi t of interest. There is a valid order block that price created with a break of structure and a fair value gap on the 4hr time frame, I'm looking that price might bounce down from their to make a retracement to compensate the breakout from the weekly uptrend before pushing higher, so I see a sell opportunity in that area.
When price gets to that zone , try to find a change of character in a lower Time frame for your entery
Thank you
Us30 did break out of it's weekly uptrend (channel) and approaching an important zone or poi t of interest. There is a valid order block that price created with a break of structure and a fair value gap on the 4hr time frame, I'm looking that price might bounce down from their to make a retracement to compensate the breakout from the weekly uptrend before pushing higher, so I see a sell opportunity in that area.
When price gets to that zone , try to find a change of character in a lower Time frame for your entery
Thank you