Us30 has been very volatile lately, which is dangerous but it all works out well when you know how to read and understand charts.
Here are 3 of my next trade ideas. We could possibly get a rejection off of our trend line that we've been rejecting off for a while. But the more times it touches, it has a better chance of us getting a break out. We could get a break out of the trend line and possibly make a way to the 31,500 Resistance Area Or even reject here at the daily level. Personally im more so BEARISH, just mainly because we haven't been getting a break to the upside recently, and our Daily Candles have 2 Big potential direction candles leading us to the downside. Another thing to take in note. Is that our monthly candle is currently Blue, But for 13 Days in the monthly candle that is a very weak buy power.
Price is near our recent daily level as well which has been acting as a support for some time now, So depending of how things play out here will determine the last 2 days of the week. These are just my personal opinions, Trade Safely.
CURRENCYCOM:US30
Here are 3 of my next trade ideas. We could possibly get a rejection off of our trend line that we've been rejecting off for a while. But the more times it touches, it has a better chance of us getting a break out. We could get a break out of the trend line and possibly make a way to the 31,500 Resistance Area Or even reject here at the daily level. Personally im more so BEARISH, just mainly because we haven't been getting a break to the upside recently, and our Daily Candles have 2 Big potential direction candles leading us to the downside. Another thing to take in note. Is that our monthly candle is currently Blue, But for 13 Days in the monthly candle that is a very weak buy power.
Price is near our recent daily level as well which has been acting as a support for some time now, So depending of how things play out here will determine the last 2 days of the week. These are just my personal opinions, Trade Safely.
CURRENCYCOM:US30