US30 SCENARIO
US30 Outlook.
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Weekly: US30 is bouncing further in the channel, we had a nice downmove to the lower border of the channel, where we also caught good liquidity currently it might be up for a move to the higher border. Weekly chart we are bullish.
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Daily: We had a perfect retest at the lower border and we can see the liquidity spike. We are below the equal librium, we see a nice tweezer candle and created a higher low indicating a shift of trend possibly.
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4H: There is a nice H&S pattern, we are up trending and the neckline hasn't been broken yet. I would like to see a nice breakout of the neckzone combined with a (weak) pullback correlating with the fib before making a further decision.
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Let me know your thoughts, link your outlooks below.
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Weekly: US30 is bouncing further in the channel, we had a nice downmove to the lower border of the channel, where we also caught good liquidity currently it might be up for a move to the higher border. Weekly chart we are bullish.
-
Daily: We had a perfect retest at the lower border and we can see the liquidity spike. We are below the equal librium, we see a nice tweezer candle and created a higher low indicating a shift of trend possibly.
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4H: There is a nice H&S pattern, we are up trending and the neckline hasn't been broken yet. I would like to see a nice breakout of the neckzone combined with a (weak) pullback correlating with the fib before making a further decision.
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Let me know your thoughts, link your outlooks below.
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