A symmetrical triangle is being formed on US 30 chart with H&S pattern as well. Target for the downside is 34077 and 33425.
Note
TP - 34077 target achieved, next TP is 33425 if price rejects 34227 level.Note
Weekly is bearish and it broke the 34386 level, next level support for weekly is 3633.Note
Trend analysis - Weekly Bearish / Daily Bearish / hourly trending down.if PA rejects the 34026 on 1hr/4hr chart we can see a continuation down. Next target for profit taking will be 33730.
Note
Second target acheived
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.