In this analysis i’m hoping the price to break down. As we can see it didn’t break the resistance zone and it’s making a head and shoulders or an M and it also has to fill all the imbalance. With the Fibonacci we can see what can be our entry and take profit zones.
This is an US30 idea of the next possible move. We can see how it broke the high and it’s starting to pull the price down. What i’m expecting for it is to broke the price at 35098 and enter in a sell till the price goes at 34892, and close or take partials with 2.000 pips profit.
For this trade i excpect an agressive move down.We can ese how the price is respecting our level 100 of the Fib Retracement. Im excpecting for it to go down till the 50 or 61 level and then go in with a little buy to the level 100 again with at least 500 pips in profit.
