US30 LONG(Potential Swing)US30USD
Potential Swing on US30. Price has tested on a key support level on the daily
chart. A bullish engulfing candlestick pattern on the Daily chart will be confirmation
to go long and swing US30
Us30longterm
US30 Long Opportunity after a long timeUs30 breaking long term bear trend , retest in 30M and now going up to 33k levels
For a long term it will test 33800 levels maybe in this week.
2 Key Levels still remaking play as resistance as well.
Lets see how it gona Play!
Note : Exercise Proper Risk Management
Descending Bearish Channel WITH lots of ROOM 2 expand & contract
Here's a thing scenarios are created by market makers right? So the idea that making sense of what goes through in market is by
going through the macroeconomics and every single factors. The bigger picture must be implemented from a wider scale of things.
The likely scenarios are we know that markets moves in three ways, upward, downward and sideways. This means we must figure it out
by using a series of confluences where are our SNR, POI's, Demand zones, Supply zones , FIBO's, Waves, Divergences/Convergences whatever our trading strategies are must come together and create a probability in favour of our trades.
In the Long run it is still a bearish market. Their is a lot of fear and greed out there where levels of uncertainties lies but we can say that short term bullish are
very possible. That really depends on your trading style and what markets gives you of course. Major factors influences are in play such as the current War(s)
,pandemic still looms, stocks are in volatility, geopolitical tensions, interest rates etc.
So therefore for me personally what you see is what you get, trade what you see provided probabilities are stacks FOR YOU on your trades.
Trading should not be hard and/or complicated people will it uneasy though. Have patience you will lose some and you will win more.
Shift in market trend US30Market breaks off previous supply leaving a demand or rather an "Order Block" that held on for the shift in market structure to the upside confirmation needed, i . e another supply to yet get taken out for the continuation of the uptrend
🐂US30 LongUS30 has given us a form of an expanding pattern, a continuation in the context.
Considering the double top, this continuation setup may result in a retest of the double tops neckline then a continuation down.
Where the price currently is, is a major area of support, this is in tern a potential inverse head and shoulders. At this same area of support
is a 61.8% Fib retracement, the golden ratio, adding confluence for a bullish market.
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CURRENCYCOM:US30
US30 longterm shorton the weekly chart, the price has been showing us the downtrend structure, we are expecting the price to come up to the supply zone (daily or weekly chart) and make another lower low break of structure
