Moustafa! Be ready for a huge bearish wave will hit US 30 soon!
Hi
** The rising channel in yellow lines were broken from the down side
** Due to the above, more likely the daily uptrend line from 30.12.2023 will be broken too.
** At the middle currently, you would find a huge consolidation area (marked in yellow) which acts as a big rectangle, and due to all above, that rectangle will be also broken from the down side and will send the index to the exclusive TP on the chart!
** The fib retracements levels are so important on the daily frame and should be taken in consideration!
Good luck all!
Note:
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
** The rising channel in yellow lines were broken from the down side
** Due to the above, more likely the daily uptrend line from 30.12.2023 will be broken too.
** At the middle currently, you would find a huge consolidation area (marked in yellow) which acts as a big rectangle, and due to all above, that rectangle will be also broken from the down side and will send the index to the exclusive TP on the chart!
** The fib retracements levels are so important on the daily frame and should be taken in consideration!
Good luck all!
Note:
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
Trade active
Today US 30 will be bullish and will reach to TP1 at 43100 then TP2 at 43220 then TP3 at 43320 before it goes downNote
TP1 is hitTrade closed: target reached
Moustafa Marei
Moustafa Marei
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