Singkat
US30 UPDATE
Since my previous multi timeframe analysis on US30 everything is still very much valid for the big move to the downside, FOMC tomorrow and i am expecting a 100 BPS hike, which is very bearish for RISK assets and bullish for the USD.
From a technical perspective last week price made a very strong rejection on the zone of confluence.
1. 0.618 weekly fib
2. Previous weekly support turned resistance.
3. Descending weekly trendline
Since the rejection price has formed a LH formation and looks to be printing a beautiful distribution formation just below the trendline, we are looking for any volatility pushes to the upside to pick up orders and take out stops, we have a nice 4H supply we can be looking to short from on the LTF.
From a technical perspective last week price made a very strong rejection on the zone of confluence.
1. 0.618 weekly fib
2. Previous weekly support turned resistance.
3. Descending weekly trendline
Since the rejection price has formed a LH formation and looks to be printing a beautiful distribution formation just below the trendline, we are looking for any volatility pushes to the upside to pick up orders and take out stops, we have a nice 4H supply we can be looking to short from on the LTF.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.