US30USD
Potential Swing on US30. Price has tested on a key support level on the daily
chart. A bullish engulfing candlestick pattern on the Daily chart will be confirmation
to go long and swing US30
Us30 breaking long term bear trend , retest in 30M and now going up to 33k levels
For a long term it will test 33800 levels maybe in this week.
2 Key Levels still remaking play as resistance as well.
Lets see how it gona Play!
Note : Exercise Proper Risk Management
Here's a thing scenarios are created by market makers right? So the idea that making sense of what goes through in market is by
going through the macroeconomics and every single factors. The bigger picture must be implemented from a wider scale of things.
The likely scenarios are we know that markets moves in three ways, upward, downward and sideways. This...
Market breaks off previous supply leaving a demand or rather an "Order Block" that held on for the shift in market structure to the upside confirmation needed, i . e another supply to yet get taken out for the continuation of the uptrend
US30 has given us a form of an expanding pattern, a continuation in the context.
Considering the double top, this continuation setup may result in a retest of the double tops neckline then a continuation down.
Where the price currently is, is a major area of support, this is in tern a potential inverse head and shoulders. At this same area of support
is a 61.8%...
on the weekly chart, the price has been showing us the downtrend structure, we are expecting the price to come up to the supply zone (daily or weekly chart) and make another lower low break of structure
