US30 took a significant drop over the past couple of days. Price is approaching a historically significant key level on the weekly and daily (purple line). Note price is also hovering around 50% and 61.8% fib levels. Check out the trendline as well. Also must pay attention to fundamentals. Watching for potential rebound.
I just draw on charts and make pips don't know anything else. Enter on shorter time frames such as Daily/4HR for precise entry points and let the trades run. Risk no more than 2% of account. COUNT PIPS COUNT PIPS COUNT PIPS NOT MONEY. THANKS SULEMAN
The $US30 is showing an ascending triangle, despite of the possible "Real War" and "Commercial War". In the technical analysis this is showing an strong bullish pattern. The fastest line of moving average is crossing the 200 EMA, also supporting the bullish trend. Being long is a very good call for now. Disclaimer: This is not a financial advice.
Not bad long entry if bullish on equities. Fib levels. Good Luck
Long from 1710: This trade is to test my ris management. So please trade with care.
Possible long to special point 22.000, weekly end could not break ichimoku cloud indication short. Trendchannels intact.
Bullish harmonic patterns. Pls refer to the charts for more details.
Never closed below MA50 since election
Pullback today matches Feb 15-17 in time and distance.
Note how a new lower upper boundary has been established.
Simply following the last two up-wave fractals, give you 19225, only 2% away from where we are now. However, the Trump rally is over-extended, may pull back as per red lines.