US30: Triangle breakout signal deeper sell move
📉 US30 Analysis: 4-Layer Resistance, Bearish Imbalance & Triangle Breakout | TradingView
The SPREADEX:DJI just printed a clean bearish breakout from a symmetrical triangle pattern on the 30-minute chart 🕒.
What makes this setup stand out is the 4-layer resistance zone perfectly overlapping with a Bearish Imbalance, creating a strong confluence for a potential continuation to the downside.
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🧠 Technical Overview
On TradingView, the chart shows multiple lower highs forming inside a symmetrical triangle — a sign of buying exhaustion and seller accumulation. After several attempts, price finally broke below the structure, confirming a bearish market shift.
Key zones:
🔴 4-Layer Resistance: 46,850 → 46,550
⚫ Bearish Imbalance: 46,500 – 46,550
🟣 Demand Zone / Support: 46,150 – 46,250
Each resistance layer acted as a rejection point, showing how Smart Money continues to distribute orders and defend that area aggressively.
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📊 Breakout – Retest – Continuation Setup
Following the breakout, price made a quick pullback to retest the 4-layer resistance zone — right where the Bearish Imbalance sits.
This is a textbook Breakout–Retest–Continuation pattern on TradingView, confirming that sellers are still in control.
1️⃣ Breakout: Price breaks below the triangle.
2️⃣ Retest: Price retraces to test the 4-layer resistance and imbalance.
3️⃣ Continuation: Strong rejection signals the next bearish leg.
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💡 Trading Plan
Our trading plan for this setup is straightforward. I’m waiting for price to retest the 46,500–46,550 zone and show clear signs of rejection — such as a bearish engulfing candle or a break of structure on lower timeframes.
If confirmed, I’ll look to enter a short position targeting the Demand Zone around 46,150–46,250.
A stop loss would be placed just above 46,650, beyond the resistance cluster, to protect against false breakouts.
This plan aligns perfectly with Smart Money Concept (SMC) and Price Action trading, offering a strong risk-to-reward ratio 📈.
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🧩 Market Psychology
✅ The four consecutive rejections at the same price zone clearly show how institutional traders are defending supply levels.
✅ Every time price pushes higher, Smart Money sells into liquidity, leaving wicks and imbalances behind.
✅ This behavior reinforces the bearish bias and supports the idea of a continued drop once short-term liquidity is collected.
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🔎 Summary
✅ Bearish breakout confirmed from the triangle pattern
🔴 Strong 4-layer resistance overlapping with Bearish Imbalance
📉 Expecting price to continue toward the lower Demand Zone
This setup is clean, confluence-rich, and ideal for traders using TradingView, Price Action, and Smart Money Concepts.
A well-timed short from this zone could deliver a high-probability trade with excellent structure confirmation 🔥.
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Harry Andrew @ ZuperView
