I think US30 will go short. Till the next support.
After a strong price movement in October 2020, the price came to the resistance line 30083, bounced and fell to the support line 28839. And both of these lines became the guiding lines for the uptrend. At the same time, the support line was formed in September 2020, and the resistance line in November. In early January, the price broke through the resistance line...
After the collapse in October last year, the price showed strong growth and in the course of this growth came to the resistance line 30099. This strong line has existed since August 2020, so it was not surprising that it stopped the price growth. From this line the price fell to the support line 28875. And thus, in October, an upward channel began to form, in...
A break of this Demand zone should validate a move to the downside
In early January, the price rose and broke through the support line. Then it fixed on it and continued to grow. Last week, the price returned to support (immediately dropping, without the correction I expected). I finalized the schedule. Now the price is at the resistance line 31169. This is a strong line from September 2020. Over the last week, the price...
US30 appears to be setting lower highs and may have formed a head and shoulders pattern signaling another bearish move. lets see if we can test Jan 06th low. Next Major area of support. Price is also considered over bought according to the daily stochastic risk to reward 2.5:1
Since November last year, the index has been in an upward channel and has been moving alternately between the resistance line and the support line. In early January, the price bounced off the support line at 29915 and rose sharply. The strength of growth was enough to break through the resistance line at point 30869. And for the last few days, the price has been...
My previous forecast came true. The price rose to resistance. The price is moving in an uptrend. The beginning of the trend was in November from support 28968. At the beginning of the week, the price broke through the support line 30654 during the growth. It continued to grow and is now in the area of the resistance line. I expect the price - touches the...
In October last year, there was a collapse in prices, during which the pair reached its local minimum, pushed off the support and also quickly returned its positions. It was stopped by the resistance line 30398, which appeared on the chart back in September 2020. Having touched it, the price stopped its sharp rise, but continued to move evenly in an upward trend....
Hi traders, As we see here at us30 It is in a up-trend. It will prob hit after an long time the 30600 again but if we look at it now and you want an short trade. It is prob going to fake out above the resistant trend line but then drops to 30200. SemftTrading
Elliot Wave, strong decisions.
Sell @ Market (30445) SL @ 30550 TP @ 29450 R:R = 1: 9.48
About price movement according to my past forecasts. 1. After a short growth, the price dropped to the support line. 2. Then it rose to the resistance line. But the movement did not end there. After the price came to the resistance of 30371 (a strong line since 2019), it collapsed beyond the resistance of 30068. Then she returned to the line, moved along it for...
I believe that US30 will have a slight push up again (around 30320 area) if a sell signal is triggered-then enter the sell until 30105. This is based off of a short term trade.