Despite the bullish nature of us30, the downtrend is confirmed. It's probably temporary, but for now we'd better not risking on getting long and just focusing on short positions.
The drawn figure is just a scenario which has more than 50% probability and nothing more. In shorter timeframes I am looking for a suitable short entry situation. And if each one of Lower Highs are violated, this is no longer valid.
The drawn figure is just a scenario which has more than 50% probability and nothing more. In shorter timeframes I am looking for a suitable short entry situation. And if each one of Lower Highs are violated, this is no longer valid.