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US30 Weekly forecast 8/16/22

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US Wall St 30 (OANDA:US30USD)  
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OANDA:US30USD   US Wall St 30
Trend Analysis Beyond Technical Analysis priceaction Technical Analysis marketstructure u30 Contains image
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trendanalysis beyondta priceaction technicalanalysis marketstructure u30 containsimage
US30 has been in consolidation since its is near a long term bearish trendline. I am expecting that price would eventually want to interact with this trendline noted in red. This consolidation highlighted may use a false break out, and eventually rollover and start creating short opportunities. This is a time where it smart to sit on your hands and DILIGENTLY watch for a position that makes sense. Keeping your eyes on the higher time frame will help you on this one and market structure.

Komen:
Reanalyzing since this concept is complete

Idea Berkaitan

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