US30 ANALYSIS 06.03.2024
1) Analysis: AO (Awesome Oscillator) is expected to form a Higher Low (HL).
2) Implication: Possibility of divergence formation, particularly bullish divergence.
3) Impact: Change in structure from downtrend to uptrend.
4) Strategy: Using Fibonacci retracement to identify the best buy levels.
5) Buy Levels: Utilizing Fibonacci levels 1.236 and 1.618 as buy levels.
2) Implication: Possibility of divergence formation, particularly bullish divergence.
3) Impact: Change in structure from downtrend to uptrend.
4) Strategy: Using Fibonacci retracement to identify the best buy levels.
5) Buy Levels: Utilizing Fibonacci levels 1.236 and 1.618 as buy levels.
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