US30: anticipate a rejection candle for short entryUS 30CAPITALCOM:US30Wis_US30 > the market has rallied on the fall of US100 and everything tech, but it seem to be running out of steam at this point; thus a retracement is due here soon. > anticipate a rejection candle from around these levels (try to spot it at the H1 TF), but do not jump in just yet, you'd be better off setting an alarm at key zones/levels and join after confirmation. > there are a couple of imbalances at the bottom half of the range that should attract price. but that is within the parameter of the bullish range so by no mean you should take this as a bearish reversal. > PT is from around 52,200K to 51.700K. > Authors Notes My approach to technical analysis is built on Fibonacci retracements, pivot zones, price action, smart money concepts, and classic chart patterns. I also use supporting tools and indicators—such as oscillators and moving averages—to refine my view. The chart itself reflects a simplified version of my process, as I prefer to keep visuals clean while incorporating additional analysis behind the scenes.