Hi moneymakers,
Here is the analysis for US30, we are still very much bullish for now, just on the short-term we expect a bit of a retracement.
It would be a logical retracement because of two reasons, 1) Fundamental data seems like short term bears and 2) we could create a H&S on the 4h.
So, lets wrap it up: Watching price action so we can either grab a few pips on the short-term AND on the longterm.
If price action doesnt work with us, we wait for the retracement and you can expect an update on the trade.
Cya!
Here is the analysis for US30, we are still very much bullish for now, just on the short-term we expect a bit of a retracement.
It would be a logical retracement because of two reasons, 1) Fundamental data seems like short term bears and 2) we could create a H&S on the 4h.
So, lets wrap it up: Watching price action so we can either grab a few pips on the short-term AND on the longterm.
If price action doesnt work with us, we wait for the retracement and you can expect an update on the trade.
Cya!