US30 has given us a form of an expanding pattern, a continuation in the context.
Considering the double top, this continuation setup may result in a retest of the double tops neckline then a continuation down.
Where the price currently is, is a major area of support, this is in tern a potential inverse head and shoulders. At this same area of support
is a 61.8% Fib retracement, the golden ratio, adding confluence for a bullish market.
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CURRENCYCOM:US30
Considering the double top, this continuation setup may result in a retest of the double tops neckline then a continuation down.
Where the price currently is, is a major area of support, this is in tern a potential inverse head and shoulders. At this same area of support
is a 61.8% Fib retracement, the golden ratio, adding confluence for a bullish market.
Make sure you follow for more and updates👍
CURRENCYCOM:US30
