Reasons for buy:
- Divergence on daily timeframe
- Huge monthly support level
- the golden zone is a fib i drew and looks like it is well respected.
-Bullish trend line bounce
- Risk to reward is very good 👌🏾
Trade might take a week or week and half to complete 😅
What do you think??
Hi!! In one of my previous posts i pointed that US30 is going to go down and based on these analysis it shows that US30 will still continue to be bullish. I hope that because of the third touch the price will decrease faster so I can hit my TP already LOL. What do you think?
Hi
I just say a divergence on US30 DAILY timefram, which could be a huge potential reversal to the downside to (33000.00) area. And to add more confluence, US30has been going in a downtrend pattern on the daily timeframe AND it did a third touch. What do you guys think?
Gold on the daily Timeframe has a divergence. Sign of potential reversal towards the upside. I used the divergence in confluence with Fibonacci and S&R.