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US30 OVERALL BEARISH, WHAT'S NEXT
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Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
US30 QUICK UPDATE
As we see price is still overall bearish trading inside the falling channel
However, price previous broke below our major swing low and now price is retesting it again lining up with our resistance zone.
So, for now and from a medium-term perspective price is bearish, and for the bears to kick in again.
Price formed a valid trendline, we need a break below the last major swing low.
Risk to reward ratio 1-2 from a risk management perspective
Unless price managed to be trading more higher, till the upper falling trendline, where we will be looking for new shorts up there.
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!
If you like the idea, do not forget to support with a like and follow.
US30 QUICK UPDATE
As we see price is still overall bearish trading inside the falling channel
However, price previous broke below our major swing low and now price is retesting it again lining up with our resistance zone.
So, for now and from a medium-term perspective price is bearish, and for the bears to kick in again.
Price formed a valid trendline, we need a break below the last major swing low.
Risk to reward ratio 1-2 from a risk management perspective
Unless price managed to be trading more higher, till the upper falling trendline, where we will be looking for new shorts up there.
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!
Nota
Telegram channel: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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