Yesterday we saw a major pump and dump in price which was caused by the US CPI news during the New York session. US30 weekly and daily structure are both bearish; however, I expect a pullback to 34600 before we go lower to 34280; which I believe we will see next week. Monitoring buy positions currently. Potential 100+ pips move to the upside today
Trade closed: target reached:
Price did exactly as I predicted