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US30 AROUND A STRONG SUPPORT
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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.
QUICK UPDATE ON US30.
As we can see price is trading inside this bearish channel from a short-term perspective
However, price is sitting around a strong support zone, where we will be looking for new longs.
However, for the bulls to kick in again, we need a new a new swing high to be formed around the trendline then a break as shown in the chart.
From a risk management perspective 1-2 risk to reward ratio.
Until that happens, we are bearish, and price can still trade lower to break below our support.
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.
QUICK UPDATE ON US30.
As we can see price is trading inside this bearish channel from a short-term perspective
However, price is sitting around a strong support zone, where we will be looking for new longs.
However, for the bulls to kick in again, we need a new a new swing high to be formed around the trendline then a break as shown in the chart.
From a risk management perspective 1-2 risk to reward ratio.
Until that happens, we are bearish, and price can still trade lower to break below our support.
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!
Not
Telegram channel: t.me/Snipers_F_x
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.