hope all you successful traders are doing great and cheers to a profitable week!
here goes my us30 analysis...
- on the daily timeframe market respected a level of support and closed above it
- down on the H4 and H1 market formed a double bottom and broke its neckline
- also forming HH and HL around the significant level of support
- so the two peach yellow zones are where i'll be looking to catch this move so a retest of the 32875 or wait for the 32912 zone to get broken then i'll go long
- but market could carry on being bearish so we'll see what happens
here goes my us30 analysis...
- on the daily timeframe market respected a level of support and closed above it
- down on the H4 and H1 market formed a double bottom and broke its neckline
- also forming HH and HL around the significant level of support
- so the two peach yellow zones are where i'll be looking to catch this move so a retest of the 32875 or wait for the 32912 zone to get broken then i'll go long
- but market could carry on being bearish so we'll see what happens