US30 positive momentum idea
Updated
The price is currently moving in positive territory on daily chart, and on lower time frames the price is could move in a consolidation pattern, like a flag or wedge.
Presumably the price is following this structure and may reach the upper trendline.
- dont follow me, think first -
Presumably the price is following this structure and may reach the upper trendline.
- dont follow me, think first -
Note
The momentum ran out and the price could not withstand the selling pressure at the last trendline touch
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