US30 has shown that it wants to respect the 4HR trend to continue to the upside. 1HR timeframe is setting up a nice reversal pattern to continue the push.
Note
1HR closed with a bullish engulfing. Has potential to pushNote
4HR Fib that is reversed pushed this back down. Correct Fib is at a 38.2 (Bullish)
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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.