US30 Intra-Week Analysis Mar 14th 2022

Last we a saw bearish push back to the 32300 supply zone rejection after picking up orders then a continuation bullish, still respecting the overall trend. We are in a consolidation zone on higher timeframes between key levels 32300 and 33600, waiting for confirmation of prices direction. This week price seems to forming a symmetrical triangle, which is a good indicator because as price becomes more congested a break out in either direction will indicated the overall direction, likely we'll see a bullish breakout and continuation to retest 33600.