US Wall St 30Long
Dirty30 Lowkey Clean
Good Sunday, here we have US30 with my bullish bias. The last LH was created on the downtrend around 34045 before breaking the last LL around 33100. Price showed exhaustion on both ends of the bearish candle highlighted in blue. Price pushed back up to the 33200-area forming a "mic" candlestick. HL was formed at the 32935 with much confluence but of course this was an area to be patient in and prepare for transition. Could appear to be an inverted H&S, a double bottom and a bullish variation. Price pushed up breaking the LH around 34045. Price found resistance forming a double top (invalid) only to hold the 34325 area. Of course this is HTF so there was much detail missed but this is my view. Take it, test it. Happy Trading!
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.
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.