Looking for a break of support retest of support that becomes resistance and further downside momentum
Us30 pushed higher than anticipated last week, it did hit both bullish and bearish zones marked week coming i will react when price shows me a signal as to where it is likely to go if price can push through support and close below i would anticipate further downside to our next zone
Both 1H timeframe Left chart we have zones, 50ema, trendline break, fib 50 - 61.8, support If price pulls back to support and respects we could potentially have 3 - 4 confluences 1) support respected 2) price above 50ema 3) fib zone 50 - 61.8 3) trendline could be respected giving us a 3rd touch which aligns with support, 50ema and golden fib zone 50 -...