Us30update
US 30 weekly analysisUS 30 weekly analysis on a 4H chart. The market is still bearish at this point. The price has given us a retest before turning and moving down. if one has to take a trade, one will have to wait for the price to breakout of the support first or the price reject at the support and only after that you can take a trade.
US 30 daily analysisThis the US 30 daily analysis on the 1H chart. The price has now reject at the support for the second time now, as we see it moving up. This gives us the opportunity to wait and see what will take place at the resistance level if the price reject one take a sell order and if the price break it. it will mean one can take a buy.
US 30 daily analysisMy US 30 daily analysis on 1H chart. The price is currently at the resistance level. We may see the price moving down to retest the support level. If the price respect it it will push to the upside and if not, we will see the price moving down as we all know that the market is bearish at this moment.
US30 Preparing for anothe drop!!US30 (4h) has rejected from a very important monthly resistance with a daily bearish engulfer. Currently price has grabbed liquidity on this 4H session and preparing for a drop as price action is highly bearish with multiple rejection.
A sell trade is high probable.
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US30 possible sell area!!US30 4H Long-term trend is down, the price has formed a head & shoulder on the 4H and has broken out of the support completely. Currently, it is testing the neckline of the head & shoulder, with a hanging man on the daily and high probability to drop by respecting the resistance 31099.
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US30 top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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