based off structure and lots of confluence with fibs on the swing up in the higher time frames. price should b holding bullish pressure until the weekly counter trendline resistance. I entered on the previous 4hr setup. this play should be continuing to 38% and 50% fibs on the 4hr from the current swing down it made.
Note
breaking news as off 4:30 market close. treasury says it wont run out of money until atleast june 5. per cnbc. bull structure and sentiment confirmed.
Trade active
1,000+ secured of the 1400. holding since its still looking bullish on all higher timeframes. no sign of bearishness as of now. fundamentals are in alignment with price movement heading towards the close of the market week. what a way to start the month.
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