US30 has been bullish for quite some time. In the recent week, a head and shoulders has formed, showing signs of a reversal.
Looking at this is more depth, i have identified a bullish continuation pattern.
The more likely setup is the bearish continuation to the downside. W should look for shorts once price breaks, closes and retests below the support.
Looking at this is more depth, i have identified a bullish continuation pattern.
The more likely setup is the bearish continuation to the downside. W should look for shorts once price breaks, closes and retests below the support.