US30 good position to open SELL TRADEThe price continues to move in an uptrend that began to form in the spring of 2020. Since November, most of the price movement has been observed at the resistance line. Then the price dropped to support and rose again.
Now the price is exactly on the strong resistance line 31443. And this is an excellent position to open a sell trade! I will never tire of reminding you of the importance of SL. In this case, look for it above the resistance line around 31752.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Us30-short
US30 touches RESISTANCE line and FALLAfter a sharp jump in growth in November 2020, the price has maintained an uptrend and is now continuing to move in it. In this case, the guiding lines are the support line formed in November and the resistance line that appeared back in January 2020.
There is also another support line - also in January - which provides the price with a support zone, that is, the risk that the price will fall over two lines is minimal at the moment. So now I expect that after the price touches the resistance line 31772 it will fall to the support line 30777. This will be our target.
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US30 good time to open SELL tradeAfter a strong price movement in October 2020, the price came to the resistance line 30083, bounced and fell to the support line 28839. And both of these lines became the guiding lines for the uptrend.
At the same time, the support line was formed in September 2020, and the resistance line in November. In early January, the price broke through the resistance line at point 30864, but after a slight movement above the line, it broke it again and returned to the trend.
The price repeated this movement twice more until it finally stopped within the line at point 31111. Now the price is on the line and since no breakout has been able to break the trend before, I expect that this time the price will fall towards the support line.
And this is an excellent position to open a sell trade. I will never tire of reminding you about SL - look for it above the resistance line in the region of 31461.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
US30 fix on RESISTANCE line and FALLAfter the collapse in October last year, the price showed strong growth and in the course of this growth came to the resistance line 30099. This strong line has existed since August 2020, so it was not surprising that it stopped the price growth.
From this line the price fell to the support line 28875. And thus, in October, an upward channel began to form, in which the price is moving today.
In early January, the price broke through the resistance line - the upper border of this channel at point 30847 and for two weeks moved above this line. However, the price did not have enough strength for serious growth, the breakout turned out to be false and at the end of last week the price broke through the line again and returned to the channel.
The other day the price has consolidated on the line at point 31001 and now I expect it to fall from this line to the support line 30231.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
US30 on strong resistance. Will fallIn early January, the price rose and broke through the support line.
Then it fixed on it and continued to grow.
Last week, the price returned to support (immediately dropping, without the correction I expected).
I finalized the schedule. Now the price is at the resistance line 31169.
This is a strong line from September 2020.
Over the last week, the price attempted a breakout, went beyond the line, but fell again.
The price has consolidated towards the line and I expect it to collapse.
The price will fall and come to the support zone (intersection of two strong lines).
Target - 30726.
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US30 BEARISH INTRADAY US30 appears to be setting lower highs and may have formed a head and shoulders pattern signaling another bearish move. lets see if we can test Jan 06th low. Next Major area of support. Price is also considered over bought according to the daily stochastic
risk to reward 2.5:1
US30 FALSE breakdown and FALLSince November last year, the index has been in an upward channel and has been moving alternately between the resistance line and the support line.
In early January, the price bounced off the support line at 29915 and rose sharply. The strength of growth was enough to break through the resistance line at point 30869. And for the last few days, the price has been moving above the line. However, it is already clear that it began to fall and is now exactly on the line at point 30909. I expect the price to continue falling and return to the line.
The reason for this is the resistance line formed in September 2020 and older, that is, it is stronger than the support line. The price has not yet managed to make a serious breakout of this line. And the fact that this time, after the breakout, the price almost immediately returned back suggests that this breakout is false.
I expect the price to return below the resistance line and fall to the next support line - 30096.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
US30 fall after growth My previous forecast came true. The price rose to resistance.
The price is moving in an uptrend.
The beginning of the trend was in November from support 28968.
At the beginning of the week, the price broke through the support line 30654 during the growth.
It continued to grow and is now in the area of the resistance line.
I expect the price
- touches the resistance line 31434.
- Will fall back to support.
The target is 30782.
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US30 FALLING from resistance zoneIn October last year, there was a collapse in prices, during which the pair reached its local minimum, pushed off the support and also quickly returned its positions.
It was stopped by the resistance line 30398, which appeared on the chart back in September 2020. Having touched it, the price stopped its sharp rise, but continued to move evenly in an upward trend. The second guiding trend line was the support line, also formed in November last year.
Also, a local resistance zone was formed at the points of the price maximum. It originates in December 2020. At the end of last year, the price was able to break through this zone, rose to the resistance line of 30,848 and immediately collapsed to support.
Then it bounced off it and returned to the 30426 zone again. Where the price is now. Despite the fact that last time the price managed to break through the zone, now I expect it to start falling and from the resistance zone it will come to the support line at 29960. This will be our target.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
US30, uptrend short sell.Hi traders,
As we see here at us30 It is in a up-trend.
It will prob hit after an long time the 30600 again but if we look at it now and you want an short trade.
It is prob going to fake out above the resistant trend line but then drops to 30200.
SemftTrading
US30 falling to support lineAbout price movement according to my past forecasts.
1. After a short growth, the price dropped to the support line.
2. Then it rose to the resistance line.
But the movement did not end there.
After the price came to the resistance of 30371 (a strong line since 2019), it collapsed beyond the resistance of 30068.
Then she returned to the line, moved along it for a while.
However, the price still managed to break through the resistance line again during the fall.
Now, in my opinion, the price will continue to fall.
I expect a movement: a correction at the 30159 line and a fall to the support line.
The target is 27721.
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Short term shortI believe that US30 will have a slight push up again (around 30320 area) if a sell signal is triggered-then enter the sell until 30105.
This is based off of a short term trade.
US30 FALLING in Pennat patterAt the very end of October, the index received a powerful growth impulse from the point 26178. And a week later, on November 9, the price came to the resistance line 30271, having even managed to break through the resistance line in a jump.
Until the end of November, the price formed an ascending channel, but then another resistance line formed in the middle of the channel, which eventually directed the price along the path of the formation of the Pennant pattern.
To form a pattern, you need an initial impulse with a certain trend - in our case, an upward one, as well as at least 5 touches of trend lines within the pattern - in our case, more than five.
Now the price completes the formation of the figure, the fluctuations become less significant, the movement is more even. But the price has not left the pattern yet.
I expect that the price will first rise to the resistance line 30385. And then it will fall to support. Thus, I expect the final target - the support line 30115.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
