Short
Analysis of US30 by SMC strategy
Analysis of US30 by SMC strategy. There are 2 possibilities at this moment from my point of view on US30.
The first is to reach the first supply area and react from that point or to reach the 2nd supply area to react from there
As a target/take profit, we have the liquidity area formed by the price area of 3950
Personally, I will set an alert in both supply zones and see how the ptree reacts, if there will be a continuous movement from the first supply zone or if it will react from that point.
Personally, I strongly believe that the price will react from the 2nd supply, but no one can confirm this.
The first is to reach the first supply area and react from that point or to reach the 2nd supply area to react from there
As a target/take profit, we have the liquidity area formed by the price area of 3950
Personally, I will set an alert in both supply zones and see how the ptree reacts, if there will be a continuous movement from the first supply zone or if it will react from that point.
Personally, I strongly believe that the price will react from the 2nd supply, but no one can confirm this.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.