Here on the 1hr Chart, you see US30 fell starting Thursday 04 April @ 1000 AM PST.
It decreased from a price level of $39,230 to a price on or around $38,600 where it momentarily found price SUPPORT but subsequently several times later re-tested 'aka' returned back to and later broke on Wednesday 10 April @ 0500 AM PST.
Current Analysis:
Following that break in price value and break in the previous Market Structure, US30 has begun "CONSOLIDATING" aka "Doing The Money Dance!"
It's following this phase in Market Movement where our anticipatory market analysis will prove valid or not. For after or following a phase of Market Consolidation comes a break-out!
Either way, set your "HIGH Price Level ALERT @ $39,050" and "LOW Price Level ALERT @ $38,200" 'Set it and forget it' and allow the market to lead the way!
"Please be advised by no means is this financial advice! Trade responsibly and always limit your risk."
PLEASE REFER TO THE ILLUSTRATED CHART TO VIEW EACH OF MY LEVELS:
ENTRY/ STOP LOSS/ TAKE PROFIT
Follow @Peni2Dollarzfx
It decreased from a price level of $39,230 to a price on or around $38,600 where it momentarily found price SUPPORT but subsequently several times later re-tested 'aka' returned back to and later broke on Wednesday 10 April @ 0500 AM PST.
Current Analysis:
Following that break in price value and break in the previous Market Structure, US30 has begun "CONSOLIDATING" aka "Doing The Money Dance!"
It's following this phase in Market Movement where our anticipatory market analysis will prove valid or not. For after or following a phase of Market Consolidation comes a break-out!
Either way, set your "HIGH Price Level ALERT @ $39,050" and "LOW Price Level ALERT @ $38,200" 'Set it and forget it' and allow the market to lead the way!
"Please be advised by no means is this financial advice! Trade responsibly and always limit your risk."
PLEASE REFER TO THE ILLUSTRATED CHART TO VIEW EACH OF MY LEVELS:
ENTRY/ STOP LOSS/ TAKE PROFIT
Follow @Peni2Dollarzfx