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High Probability Bearish Continuation US30
Dow Jones Industrial Average Index
Short
High Probability Bearish Continuation US30
By MauroF07
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Updated
Apr 28, 2023
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Mar 1, 2023
By following the bearish trend. I am still looking for shorts, since price keeps breaking Lower Lows.
- DXY keeps dropping with China´s Yuan strenghting , reason why I´m still looking at shorts. with Gold also strenghting.
- Altho US Bonds are dropping and Stocks rallying, but US dollar keeps struggling to recover.
- I am waiting for price to respect my demand zone aroung 32860 - 33000
Apr 28, 2023
Trade closed: stop reached
Mistake Identified:
- Price seems to retrace to the trendline that broke through. Then it continues to the predicted movement.
Fundamental Analysis
shortsetup
Trend Analysis
US30
us30analysis
us30short
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