US30 6pm est. 4hr Candle opens below MA. If candles continue to respect the MA and not break upward, a sell could be a good position to take. This is not advice, this is my own personal analysis.
US30 has been consolidating at resistance area for the past 4 days which could be an indication of a reversal. Could be a pullback and bounce off of the Daily MA and continue bullish, or it could break through and continue in a sell. This is not advice, this is my analysis.
This is not advice. Once again US30 IS AT THIS MAJOR RESISTANCE LEVEL. 34K -34100
SL 34200 Entry: 34100 (us30 could return to that price before moving lower) This space for me remind me of the peak back in January 2022, a great opportunity to place a sell. Not advice. I’d like to hold this trade over a long period, but will use this trade as a marker. Will continue to analyze scalps and day trades moving forward
This is not advice. My own analysis. So look at how long this area has been getting the upmost respect. Been a super strong support and resistance sine April of 2021.
I do believe this could be an opportunity for a long term sell. I will elaborate more later. I’d like to submit in the meantime.. This is not advice.
Sell. Feel free to leave commentary. This is my personal analysis not advice.
This mark up is pretty simple. Orange trend line marks possible TP. Feel free to leave comments