US30 Is Very Bearish! Short!
Please, check our technical outlook for US30.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 34323.36.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 33900.62 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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Us30-short
US30 SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
The BB upper band is nearby so US30 is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 33337.
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US30 Will Fall! Short!
Here is our detailed technical review for US30.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 34288.2.
Considering the today's price action, probabilities will be high to see a movement to 33662.2.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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US30 BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
US30 uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 33613 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the US30 pair.
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US30 Is Bearish! Short!
Here is our detailed technical review for US30.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 33407.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 33772 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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US30 BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
We are going short on the US30 with the target of 33359 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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US30 BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
US30 pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 33114 area.
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US30 Will Fall! Short!
Here is our detailed technical review for US30.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 33219.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 32053 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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US30 Will Fall! Short!
Take a look at our analysis for US30.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 33189.
The above observations make me that the market will inevitably achieve 32706 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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US30 SHORT FROM RESISTANCE
Hello,Friends!
We are now examining the US30 pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 32881 level.
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US30 Will Fall! Short!
Take a look at our analysis for US30.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 33716.19.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 32945.46 level.
P.S
Oversold describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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US30 Will Move Lower! Short!
Take a look at our analysis for US30.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 33732.
The above observations make me that the market will inevitably achieve 33506 level.
P.S
Oversold describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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US30 SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
Bearish trend on US30, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 33640.
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US30 SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
We are going short on the US30 with the target of 32656 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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US30 BEARS ARE STRONG HERE|SHORT
Hello,Friends!
Previous week’s green candle means that for us the US30 pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 33542.
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US30 BEARS ARE STRONG HERE|SHORT
Hello,Friends!
US30 uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 32356 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the US30 pair.
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US30 Will Go Lower! Sell!
Please, check our technical outlook for US30.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 33546.
Taking into consideration the structure & trend analysis, I believe that the market will reach 32229 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
US30 Is Bearish! Short!
Take a look at our analysis for US30.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 33405.
The above observations make me that the market will inevitably achieve 32646 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
US30 SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
US30 pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 12H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 32652 area.
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Small short on US30Looks like we're coming into an area of resistance for the DOW. level highlighted has 61 fib, key level, and round number 33500 for the confluences of the trade. A break above 33570 I will no longer be interested and will close the trade.
US30 Trading Idea Hello, traders
Technical analysis of the us30
double top
support break out
pullback
price action