US30 - Wait For The Trigger!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

US30 is approaching a strong round number in green so we will be looking for sell setups on lower timeframes.

on H1: US30 formed a channel pattern in orange but the sell isn't ready to go yet. We want the sellers to prove that they are taking over by breaking below the previous low (projection in purple).

Trigger => Waiting for a momentum candle below the last swing to sell (gray zone)

Until the sell is activated, US30 would be overall bullish and can still trade higher.

And of course, as US30 approaches the lower brown trendline, we will be looking for trend-following buy setups.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich