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🐻US30 BEARISH
US30 has been very bearish for weeks as a result of the Russia Ukraine crisis and rising USD rates.
From the impulsive bearish movement price has tested a major supporting trendline on the weekly for the third time, sparking a bullish movement.
An inverse head and shoulders was formed and the price broke the neckline, moving higher.
The market is now approaching the 61.8% Fib retracement. This will likely result in a bearish movement that will lead to the retest of the Inverse head and shoulders or a complete bearish continuation.
$CURRENCYCOM:US30
Happy Trading!
From the impulsive bearish movement price has tested a major supporting trendline on the weekly for the third time, sparking a bullish movement.
An inverse head and shoulders was formed and the price broke the neckline, moving higher.
The market is now approaching the 61.8% Fib retracement. This will likely result in a bearish movement that will lead to the retest of the Inverse head and shoulders or a complete bearish continuation.
$CURRENCYCOM:US30
Happy Trading!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。