US30 Weekly OUTLOOK
Not the cleanest B & C points but reaction with the wick at 786 as typical Cypher.
Price rejected at 786 (pink) and currently testing Daily 100 SMA, also DT on H4. This 786 could be B point of potential Butterfly with D around 33k. To see that need more downside to get C at least to 382.
That may work if Bearish BAT below, already in play reach TP1-382. Currently testing 50% (orange)of the last wave and Daily 100SMA as mentioned. That level (50%) could also work as a C point for potential ABCD pattern if will not see a further drop.
The long- term long even if the price will drop to the lower take profits levels of the BAT.
PS. I post most of my ideas in the Polish language to develop polish TV community. Feel free to take a look. I guess the chart speaks internationally =)
Price rejected at 786 (pink) and currently testing Daily 100 SMA, also DT on H4. This 786 could be B point of potential Butterfly with D around 33k. To see that need more downside to get C at least to 382.
That may work if Bearish BAT below, already in play reach TP1-382. Currently testing 50% (orange)of the last wave and Daily 100SMA as mentioned. That level (50%) could also work as a C point for potential ABCD pattern if will not see a further drop.
The long- term long even if the price will drop to the lower take profits levels of the BAT.
PS. I post most of my ideas in the Polish language to develop polish TV community. Feel free to take a look. I guess the chart speaks internationally =)
Podane informacje nie są rekomendacjami handlowymi.
linktr.ee/kuba_san
linktr.ee/kuba_san
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.