US30 pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 33114 area.
Going against the trend is a dangerous game to play but if it part of your strategy then best of luck with this setup!
JoeChampion
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Good idea, keep it up!
SignalProvider
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Great idea;))
khaledsamodien
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I disagree with your analysis we still very bullish
Daniel_Thompson
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very wrong post, this should be flagged
BTM-Trading
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@Dan_Thompson8, Why do you have to be so mean? @TradingView is a platform where everyone, can share their own perspective on the market and everyone has their own opinion. This is purely educational material and should not be seen as financial advice. Please be respectful of everyone's opinions. Tradingview is a community where we treat each other with respect.