The foundation of this short-term chart was made using the DWEB indicator trend tool. From there I found common intersections and alignment points to mark out some possible trend to watch. As always trends are made to be broken or respected. I made this one public so you can follow it live. Don't make this even more complicated. The price will add confirmation to the chart of make it invalid. 30 min chart so I am am saying neutral.
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I use 30min charts much more when we are sideways and/or while the recent major low/high still fits on the screen. I do this to help add confirmation to other high frame charts.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.