US30 - Possible scenarios
Hello Traders,
US30 is about to complete its mission, which it started about two weeks ago in AREA-A, and it will now move to a new stage, where as the possibilities are as follows:
1- The first one, which I recommend more, is to move to AREA-B and start swinging in the range of 35222 - 34580 and get ready for more drop.
2- The second possibility is that it will break the upper structure of the two blue lines to the top and will continue to rise to reach a new peak.
I will watch the price trends carefully and try to provide a logical analysis tomorrow.
Today we will trade with cautions and get ready for the high impact news after almost 3 hours.
Wish great luck for all
US30 is about to complete its mission, which it started about two weeks ago in AREA-A, and it will now move to a new stage, where as the possibilities are as follows:
1- The first one, which I recommend more, is to move to AREA-B and start swinging in the range of 35222 - 34580 and get ready for more drop.
2- The second possibility is that it will break the upper structure of the two blue lines to the top and will continue to rise to reach a new peak.
I will watch the price trends carefully and try to provide a logical analysis tomorrow.
Today we will trade with cautions and get ready for the high impact news after almost 3 hours.
Wish great luck for all
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US30 will live in AREA B for sometime and start swinging as per the first scenario.