Please, check our technical outlook for US30. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 35373.2. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
Yesterday, the index price formed some upward waves, if the price stable under 34100 then the movement will be between 33673 and 33500 However, if the price exceeds the 34100 level and remains above it, this will cancel the negative weighting and invite us to hold on to the upward attempts to expect the formation of the 34372 level for the first positive...
Hello,Friends! US30 pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 9H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 33341...
Hello,Friends! US30 pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 9H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 33331 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Hello,Friends! US30 pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 9H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 33332...
Hello,Friends! We are now examining the US30 pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 33682 level. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going short on the US30 with the target of 33329 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
What do you call a three legged cow?...Lean beef🤣🐄 Now lets get into. There is a lot of momentum here for the sell. As its still selling from the 'M' formation. Before I sell I'll wait for price to break and retest the 33950 level and sell it down to the next level. You can see price making lower highs and lower lows. The only way I would buy this pair is if...
Hello,Friends! The BB upper band is nearby so US30 is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 33620. ✅LIKE AND COMMENT MY IDEAS✅
US30 Currently, consolidation above 34119 will support them to rise up again and will continue the positive attacks to the suggested targets 34171 and possibly 34260 as for renewing bearish attempts, consolidation under 34119 will open the way to lose more and more points to reach 33996 and 33923 Support line: 33996 , 33923 , 33864 Resistance line: 34171,...
Time flies like an arrow; fruit flies like a banana 😂 This week I am a bit bias for sell because of the 'M' formation that price is forming. However, it has done a similar pattern in the past before and not sold. What verifies the sell for me is the break and retest of the 34300 level (highlighted orange) which would be the neckline of the 'M'. I see an...
Hello,Friends! We are going short on the US30 with the target of 33601 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for US30. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 34602.47. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Please, check our technical outlook for US30. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 34176.44. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 33575.78 level. P.S We...
Please, check our technical outlook for US30. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 34556.94. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 33786.38 level. P.S We...
Please, check our technical outlook for US30. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 35013.80. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 34585.74...
Take a look at our analysis for US30. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 35379. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
Hello,Friends! We are going short on the US30 with the target of 33342 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅