US30 Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: All timeframes are mainly bullish but we’re seeing what looks like an attempt at a 4hour transition.
We saw rejection around 35000.00 and current bearish setups are confirming a reversal. From here we’re looking for a lower high below 35000.00 with strong bearish setups to enter short on.
Trade scenario 2: For us to consider US30 bullish we would need a 4hour transition. Ideally, a break above 35000.00 with a higher low.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: All timeframes are mainly bullish but we’re seeing what looks like an attempt at a 4hour transition.
We saw rejection around 35000.00 and current bearish setups are confirming a reversal. From here we’re looking for a lower high below 35000.00 with strong bearish setups to enter short on.
Trade scenario 2: For us to consider US30 bullish we would need a 4hour transition. Ideally, a break above 35000.00 with a higher low.