Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
US30 (D) is moving in an uptrend and now the current price has broken weekly resistance. On the new trading week, it is highly likely that price will drop back to the weekly liquidity zone and daily 20EMA to test this previous resistance zone as support. And upon price action confirmation.
Press the like button if you enjoy this idea :)
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
