US30 Will Go Higher! Long!

13 giu

Here is our detailed technical review for US30.

Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is on a crucial zone of demand 38,672.5.

The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 39,721.8 level.

P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.

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22 giu

Nota

Great beginning for a trade, let’s hope it goes further!