US30 you really dont know market structure, you participate into sell just that think will sell, but why selling, keep telling from 3 hours will go to 43171, now expect 43360
US30 *Trading Tip: Take a look at the Hourly chart that's numbered.
- Along the bullish rally, candles #1 - 3 are non-trending candles because their real body (that creates the open and close prices) are less than 50% of the whole range of the candle. Non-trending candles in succession often signals consolidation or reversal to come.
- For a bullish thrust, candle #2 needs to close past the high of the previous candle that's candle #1. So, the momentum for a bullish thrust has weakened.
- Candle #3 is also a non-trending candle and did close above the high of the previous candle, but barely, so a reversal and/or consolidation is due.
- Also notice that the size of the candles are getting progressively smaller, which means their bullish strength is diminishing. The candles' incline is also steep. Ideally, a 90-degree angle is best for a sustainable trend.
US30 rsi overbought, no its that no another thing, leave the sell, concenteate on buys, when you have at least m15 change of structure than go for sell, lets see 43170 firstly