US30 Possible Buy Opportunity

Von KairosTrades
CONFIRMATIONS

1. Market could possibly look at becoming a bull run again. I usually don't trade on reversals but I'm feeling confident about this one.

2. I believe price is going to test resistance at 34026. After how the candlestick closes when that happens I will have a better chance of knowing if US30 is back on the bull run.

3. Waiting for price to hit my fibonacci retracement at at 50.00% or 61.80%

4. Looking for the following candle sticks. Doji, Shooting Star, Hammer

5. On my 50 Moving Average, price just touched so I have a feeling my buy opportunity will come very soon.

6. I think the odds of price testing support are very low, In previous data this was at one point another support besides the one I drew on 32307.

7. I will be using a 0.03 lot size.

8. This post it will show my 4hr time frame however i'm looking for entries on my 30min and 1hr.
Chart PatternsFibonacci RetracementTechnical IndicatorsmovingaveragepriceactionsupportandresistancezonesTrend Analysisus30bull
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