DAILY TAKEAWAYS:
Last weeks TA played out perfectly.
1. Broke two BOS @ 31550 & 32650
2. Broke out of descending channel
3. Broke though major key level zone 32100 - 32450.
Looking at what we see now. (4 HR)
1. US30 rejected off bottom of major zone 33350 - 33650.
2. US30 broke through 200 MA which could potentially change trend if a bounce retest is made.
3. If we continue to push bullish there is a major BOS @ 34050 that has acted as a rejection / resistance zone.
4. Viewing top MACD indicator it is the first time in months we have been above the 200 level.
Previous TradingView TA linked
Last weeks TA played out perfectly.
1. Broke two BOS @ 31550 & 32650
2. Broke out of descending channel
3. Broke though major key level zone 32100 - 32450.
Looking at what we see now. (4 HR)
1. US30 rejected off bottom of major zone 33350 - 33650.
2. US30 broke through 200 MA which could potentially change trend if a bounce retest is made.
3. If we continue to push bullish there is a major BOS @ 34050 that has acted as a rejection / resistance zone.
4. Viewing top MACD indicator it is the first time in months we have been above the 200 level.
Previous TradingView TA linked
