for technical analysis , I still dont get it on perfectly where it will going bullish or bearish . But when I use indicator awesome oscilator , it show divergence setup that make us30 will become revearsal from bullish to bearish . This indicator also supported when us30 came at H4 supply zone and it showed pattern revearsal on lower timeframe like dominant break...
we saw price break out of our resistance and creating new highs so we then waited for price to pull back to this key area of support , once we had seen the reaction in our zone we then waited for price to break structure to the upside and give us our entry, we also had the conformation from the ema
risk 2% on this trade we took partials at TP1 and made the trade...
we saw a big push to the upside in price and saw a good trend being created with lower highs and higher lows , we also had the crossover of EMA showing price is still pushing to the upside we then waited for a break of structure and for a clear break to the upside with stop below the support and recent low wick.
risk on this trade was 2%
US Future trading at daily resistance triangle which is also part of symetrical triangle, breakout either side can give good trading opportunity.
We are also near supply zone 31500 and 50% fibo level too. closing above will take it higher for targets of 32800+
Below 30600, we may see 30000 again and may be more.
Education purpose only.
Been to private with my swings
first tp 1000 pips
last tp 3000 pips
Firstly price wont hit all tps it will reverse at one of them and continue the down trend or not
only change in structure will tell
hence im over-overall bearish but currently bullish
2nd the orange line is what i see it a sort continues but note double bottoms and it myt not go all the...