US30 we may have just seen the last swing in price before it tries to close that wickCommunity discussions
US30 we may have just seen the last swing in price before it tries to close that wick
US30 Ready for a wick fill?
US30 My apologies to @sulaiman_noori33. You were absolutely right. Noting happining, noting to sea hear.In the meantime, the market is dropping from a Quadruple Inside Day pattern. The last leg of the giant M-shaped pattern is typically a long, bearish trend.
US30 exactly what i told choppy and slowmotion today…US30 I've got another complaint by a trader asking, Where's the BIG move? He wrote, "Everyday your saying a big move coming, but noting happining." Well we'll just see about your spelling.If you look on the chart below, the Double Inside Day was just changed to a Triple Inside Day, so a very BIG move is coming.
Also, a new S&R Zone formed from the hours of consolidation that the bulls may rise from.
US30 chop fest todayUS30 trying to see if I can get a good long entry for about 150 points, if I get price back in the areaUS30 Special Alert!A Double Inside Day just formed on the Hourly, so a BIG move is coming.
US30 Be Careful!On the Hourly, you can see the circled green arrow. That candle is a Major Pivot Low for a coming swing to the upside.
Also, the last three candles rejected a breakout at the Inside Day's low of 47,778 (shown as an orange line) for a breakout. Price action can head for the pattern's high of 48,053 for a true breakout (shown as an orange line). We'll see if the bulls head up there to go up more or just get close and drop back down again.
US30 On the Hourly, if the bulls are rising just to do a partial or full wick fill of the previous candle, then it can drop down after that. But if the bulls do a candle close past the high of the previous candle at 48,053, then the intent is to rise beyond that level.The Hourly is currently at Neutral Market Bias from the candle forming being tethered to the Bullish Trendline (in green dotted line).
