Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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US30, WHAT'S NEXT!
As we clearly see price broke below our major swing low from a market structure perspective
Bears kicked in, so, as the price will be retesting this area, we will be looking for a trend continuation
However, if zoomed into lower time frame as we can see price formed an objective classic trendline
For the bears to kick in from a short-term perspective we need a break below the marked major swing low
1-2 RRR from a market edge perspective
Until that happens, we are trading inside this channel, and we can still trade higher before major trend continuation
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!