US30 Bearish idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: All timeframes are mainly bullish but we’re seeing what looks like an attempt at a 4hour transition.
We saw rejection around 35000.00 and current bearish setups are confirming a reversal. From here we’re looking for a lower high below 35000.00 with strong bearish setups to enter short on.
Trade scenario 2: For us to consider US30 bullish we would need a 4hour transition. Ideally, a break above 35000.00 with a higher low.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: All timeframes are mainly bullish but we’re seeing what looks like an attempt at a 4hour transition.
We saw rejection around 35000.00 and current bearish setups are confirming a reversal. From here we’re looking for a lower high below 35000.00 with strong bearish setups to enter short on.
Trade scenario 2: For us to consider US30 bullish we would need a 4hour transition. Ideally, a break above 35000.00 with a higher low.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.