Here we can see clearly my new Support & Resistance lines & if it breaks my new ENTRY LINE (white line) it’s a Strong sell signal due to US30 reached its highest point of the week & still the Divergence Confirmation on RSI Indicator. And we got our TP1 & 2 & as they say what ever goes up has to come down, keep a close eye on US30. Happy PIP hunting traders.
Last week's Bull run over? (at least short term) US markets had a great bull run last week as a result of the big banks reporting earnings. Has moment dead out, will we see markets coming under pressure this week? About 75 companies reporting earnings this week i.e Netflix, Johnson & Johnson etc...
Here we can see clearly that there’s still a Divergence on the RSI Indicator on D1 time frame, that’s is a reassurance that US30 is going to drop down gradually in coming days or by the end of this trading week, especially by the strengthening of the US DOLLAR . US30 & all other American Indices are dropping down sooner or later.
Happy PIP hunting traders.
always note how the liquidity forms prior to a liquidity sweep at 8-9 am cst that provides a great entry for profits either to the upside or downside if shorting at those times after a clean sweep of previous equal highs or equal lows
Here we can see clearly on 15min Time Frame which I'm using for a clearer view of my analysis, the Double Top forming + the Divergance on the RSI Indicator as a more confirmation of the next moves for US30. Keep a close eye on US30 coming days or week. Happy PIP hunting traders.