US Wall St 30Short
US30 2 Scenarios but higher probability for Sell
It's currently standing at (1) previous support area turning resistance and (2) the upper end of the downtrend (30 minutes).
it should give a sign for trend continuation and resumes bearish momentum (Scenario 1)
Or will break resistance and trend line and push up to the next resistance zone (Scenario 2)
in both scenarios, it's better but not obligatory to wait for a retest of the zone before breaking down or up.
#US30 #Dowjones #Forex #Gold #EURUSD #XAUUSD #Trading #Dow #NYSE #AUDUSD
it should give a sign for trend continuation and resumes bearish momentum (Scenario 1)
Or will break resistance and trend line and push up to the next resistance zone (Scenario 2)
in both scenarios, it's better but not obligatory to wait for a retest of the zone before breaking down or up.
#US30 #Dowjones #Forex #Gold #EURUSD #XAUUSD #Trading #Dow #NYSE #AUDUSD
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.