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-short
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.
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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.
---------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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 👩💻
US30 grow and falling in trend In the first days of November, the price began to grow and within a month rose to the resistance line 30275.
Then the price movement began in the channel.
The channel has a slight upward slope.
The price has been moving in it for a month now. FOR the month, the price has never broken through the channel line (resistance, support).
For the past few days, she has been moving in the middle of the channel without touching the lines.
And after a slight pullback, it began to grow.
I expect the price to move in two stages:
1. Growth to resistance 30581
2. Fall to support. The target is 29745.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
US30: Will Start Falling! Here is Why:
Hey traders,
Here is our technical analysis on US30.
The level where the price is trading right now is major
and the price will most likely bounce from that.
Please, leave a comment and support us with like.
US30 will touch resistance line and FALLIn the first week of November, the price received a small upside impulse from the support line. And, having risen, she began to form a channel. In which it moves all this time.
But on the larger timeframe, you can see that strong growth began even earlier, from the point - 26464.
Such an impulse, together with an already explicit channel, form a flag pattern.
After exiting the pattern, the price should continue its trend. And knowing this while we can predict the nearest price movement.
She recently touched the lower border of the channel - the support line. And has almost reached the line of resistance. Therefore, I expect the price to touch the resistance at 30150 and then fall.
Target - support line 29368.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
US30 will continue falling to support line Since the beginning of August, the price has been moving in characteristic growth-fall waves, regularly changing trends.
I have marked the last four movement changes on the chart.
Price trends change with a difference per month.
For example, from August to September there was an increase, from September to October - a fall.
The last upward trend took place from late October to mid-November.
And already on November 16, the price began to fall.
All these movements fit between the support and resistance lines (which are also the lines of the ascending channel).
Now the price is just near the resistance line.
But I expect that it will continue to fall and this fall will end at the support line.
The target is 28435.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
US30 new signal to sellAs I said in my previous forecast, the price is heading towards a strong resistance line.
She has almost reached this line.
Also, this line is the upper line of the ascending channel (which has existed since June 2020).
The price movement in the channel all this time was natural and very predictable.
Therefore, I believe that as soon as the price reaches the resistance line, you can open a sell.
SL - above the resistance line.
TP - along the support line.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
US30 good time to sellSince June 2020, the price has been moving in an upward channel.
At the end of October, it broke through the lower line of this channel - the support line. But it immediately rose and returned to its previous position.
After this breakout, the price was growing steadily.
Now it has come to the upper border of the channel - the resistance line.
Bounced off her. Corrected. And it starts to fall again.
This is a good time to open a sale.
SL - above the resistance line.
TP - along the line of support.
--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!