JasonFosterII

US30 August Analysis

Short
OANDA:US30USD   US Wall St 30
Weekly and 4H bearish divergence. There is also a Daily "M Pattern". Expecting price to breakout of consolidation below 34870. Price may reject 4H trendline area. Strong possibility it breaks trendline and reaches daily neckline level of 34000-33761. If it does reach neckline look for possible continuation to 33215-33000 because of weekly bearish divergence and Daily "M Pattern".
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