My bias for US30 has turned bearish due to the recent Wyckoff distribution that unfolded on the higher time frame, validated by a change of character and a break of structure. This confirmation prompts me to seek selling opportunities to support the downward trend.
I will be targeting sells around the 20-hour supply zone, which recently triggered a Break of...
The price has been on a significant bullish rally, breaking historical highs. This suggests that the price has encountered strong buying interest, indicating the presence of buy-side liquidity. From a technical perspective, this suggests that a retracement may be imminent.
As further confirmation, on the daily chart, we can see that the price reached the...
if us30 continues on the market maker cycle it will continue to go short for friday and create level 2 short, and break past the previous days price.
us30 pulled back to the 6.18 fib retracement on the daily chart. we still have lots of space before it reaches the 0 retracement line
The price formed a bearish pennant triangle, and the price broke the trendline heading towards a major resistance zone. If the price closes above the trendline by the end of the day, then the bullish rally may continue. If the zone offers some resistance, and the price happens to close below the trendline, we will wait for the price to retest the zone, then sell @...
US30 tanked last week and I don't think the damage is done yet. I think price can continue bearish once market open volume enters the market. If price begins to breaks its lows, price can continue bearish.
1.Market broke structure.
2.Price formed a low
3.Price is rejecting level of consolidation
4. If price breaks below34610, price can continue bearish to...
Hello traders
here you are, my analysis for today the high probable scenario is continuation of down trend that accurated yesterday, when nice oblic support was broken.
As you see us30 is doing its pullback then it can go down again.
targets: 35829/35781
if you want more follow me
