US 30 on H2 chart. My daily analysis. The market is on a downtrend as per my trendline.
The US 30 has broken the in trendline and push to the up. The price is price find the resistance at level 30901.1, which made the price to move down.
The US 30 is still bearish at this moment. although the price has broken the counter trendline. the price is at the resistance which was a support. the are two thing that may take place 1. the price can push and break the resistance, which will give an opportunity to buy or 2. the price may rejection at the resistance level and bears keep the control of the...
US 30 on the H1 chart. The price is on a bearish move and we are currently seeing a pull back. if the price respect the counter trendline, we will see more of the sell off but if the price breakout, we will see some push up.
The price is currently at the lower level. We may see the price rejecting or price breaking the support level and push down as we are on the down trend.
NAS100 seem to be aiming to retest the breakout that took place at level 12327.7 on the 27 May 22. If you look, you will see that the market was moving on a channel for some time before a breakout and the price never had a retest after that and now we are seeing the market coming back to that level. If the price is to just do a retest, we will see the price...
The price has broken the support level. Now one need the second confirmation in a form of retest/ rejection on the recent support to be a resistance. Only than one can look for a sell opportunity. We must also remember that today we are having the CPI as per the economic calendar. That is why we need the confirmation before taking a trade.
This is the update on the US 30 on the H1 chart. The price is still on the sideways move. For people that trade the trending market this is for one to wait for the breakout before you can look for trading opportunity. At this moment is to sharpen up your trading plan, be aware of your trading psychology and review your trading strategy.
The market is still on the range. We are seeing a build up for a breakout in the market , at this moment one should wait for the breakout. The level that I'm looking for the breakout are 33326.9 from the resistance or 32614.3 from the support level.
The market is still moving sideways at this moment. Let us hope you are planning your trade wisely as we know that if you do not have strategy for ranging market you will be playing with fire. As for me I'm waiting for the breakout before I can take any trade.
The H1 chart for the US 30 is showing us that is currently moving sideways. If you are to trade it you need a strategy that is in line with trading sideway market . as for me I follow a trend and I do not trade sideway market.
The price is is currently on the support level. The are 2 possibilities that my take place at the level 1. we may see the price pushing to the upside aiming to reach the resistance or 2. the price may break it and push to the down side as we know that the market is still under the control of the bears.
The market is on down trend channel. The is showing us that, we need to look for selling opportunities more than buying opportunities. If you take buying trades be aware of who is in control of the market between Bears and Bulls.
The US 30 on H1 chart. The movements of the past 4 days. Please follow my another days to see the full analysis.
The counter trendline is broken and the price is on a resistance level.
The price has just retested the level as per the analysis.
The market seems to be respecting the trendline, that will only be confirmed once the counter trendline is broken and the price push to the upside at this point is to see as to where the price will push to.
Nas 100 has breakout of the inner trendline. this may give opportunity for the bull to push up if bears are no-longer strong. we are yet to see because anything can happen in the market. This is my daily analysis.