US30 Ascending Wedge - Short
Currently price is at the same resistance level from March 2021. At that time price shot down to 30780. I also see that price was on a downward trend followed by what now seems to be an ascending wedge . Lastly in the monthly all i see is lower highs, we have 6 days left in the month so we will end the month again with a lower high. August might be a rising month if we can get a three inside up pattern for the month after this downtrend, but we shall see.
For now I am saying short until about 31580 ish area. Also my bias with DXY is that its bullish .
For now I am saying short until about 31580 ish area. Also my bias with DXY is that its bullish .
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