US30 Analysis
Quick trade idea.
Throughout the entire week so far we've had strong bullish move from 34,000 - And with these last two days I'm looking for it to possibly be Bearish.
Here at 35,080 I have a 4hr Resistance, which is also our Daily Level and Im confident to see this price-point to be the reversal for this trend. From here I believe we can get a retest to the Trend-Line I have marked off, along with the Hourly Level.
Also tomorrow we have news including Unemployment - which I expect to see a rise in unemployment claims. Also followed by Fridays NFP (Non Farm Payroll) - So I'm expecting to see continued volatility to end the week off.
Throughout the entire week so far we've had strong bullish move from 34,000 - And with these last two days I'm looking for it to possibly be Bearish.
Here at 35,080 I have a 4hr Resistance, which is also our Daily Level and Im confident to see this price-point to be the reversal for this trend. From here I believe we can get a retest to the Trend-Line I have marked off, along with the Hourly Level.
Also tomorrow we have news including Unemployment - which I expect to see a rise in unemployment claims. Also followed by Fridays NFP (Non Farm Payroll) - So I'm expecting to see continued volatility to end the week off.
Penafian
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