US 100 - Ranges overview

Some nice scalping opportunity this morning again on US 100 (following the 9:30 NY time manipulation).

Taken some trades on both sides and tape reading for now.

We are currently trading at the lows of the range.
IF we reclaim expect the FVG (yellow box) to act as inverted fair value gap which will offer some nice opportunities for longs.

IF we fail to reclaim and DXY keeps pushing higher - expect US 100 to lose its level and drop lower.

Until then let's see for the market to show us where it wants to go.

Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
Fundamental AnalysisTrend Analysis

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