US30 Long

3 May 2022

Multi time frame analysis shows that we are in the zone of daily support. In this zone i have spotted what id say is a valid inverse H&S. Long hammer candle bouncing off the 20&50MA shows me possible buying pressure starting now. My rsi i have a bit different than most people. I have it set for telling me when to buy and when to sell. As you know inverse h&s is a bullish signal, my 50rsi gives me more confirmation for a buy. This is just my analysis. Trade carefully!