US30 finished the week close to a weekly trendline it has been respecting for the last 9 months. Minimal risk will be taken for all 3 options. I'm mostly leaning toward the 2 short ideas though. Take this with a grain of salt. Enjoy your weekend!
Support and resistance mark up based on a 2 weekly chart structure. I believe price will be below pandemic levels and stabilizing around 16-18k. Would take profits at the main levels of support and resistance. This could/would take many months to see come to fruition.
I've been reading ideas for the past 6 months now. I've finally got the courage to post one my own theories on where the market could potentially go within the next week. Seems like 33800 and 34800 are the most realistic targets that get hit. Will potentially look for an entry on a pullback. Would love to know your thoughts and constructive criticism .
