KosirFX

US30 DOW JONES update analysis, possible H&S

Short
KosirFX Updated   
OANDA:US30USD   US Wall St 30
Hi, yesterday we had nice rejection which is our impulse for downside movement. Price is currently moving in the flag pattern which needs to be finnished by one more high (C wave). Price might stop at 0.618 around 30450, but im more for price to push higher to 0.786 around 30600. I expect price to form H&S there which is marked, and then drop. Anyway nice wave to the downside is coming there, dont miss it! Good luck
Comment:

Price nicely bounced from 0.236, im waiting for price to push higher, it may correct on lower tf before it will push up
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.