Market outlook (US30 - DIRECTIONAL BIAS)
Pair : Us30
DIRECTIONAL BIAS: Bullish
ANALYSIS STEPS:
1) Market started a reversal on from a daily timeframe ORDER BLOCK.
2.) The market structure shift as a result of the reaction is aimed at taking out the trendline liquidity.
3) What to do as a trader?
Once you get your overall direction, you are to look for lower timeframe correlated direction in alignment with the direction of the higher timeframe direction.
These implies that : if the overall direction is BULLISH on the higher Timeframe, you are to trade only bullish setups on your lower timeframe.
Things to do on the chart:
1) find your direction
2) what's your structure, is it bullish or bearish
3) Do I have liquidity available
4.) which Poi is the closest to our liquidity
Good Morning the image quality of your chart is low, the price axis is not visible and you used the toolbar to block the instrument information and timeframe
Good Morning the image quality of your chart is low, the price axis is not visible and you used the toolbar to block the instrument information and timeframe
This is US30
Daily Timeframe
Sorry for the visibility problems