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US30 - Dow Jones Sell Setup
Short
US30 - Dow Jones Sell Setup
By TheSignalyst
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Sep 20, 2020
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Sep 20, 2020
US30 is currently sitting around resistance so we will be looking for sell setups.
We have a channel in red and a head and shoulders pattern acting as an add-on.
we also have a divergence adding more confluence to our setup.
Our trigger would be after a momentum candle close below the gray area.
Our stop loss goes above the right shoulder, and as usual, we target double our stop loss size.
Good Luck!
Chart Patterns
Divergence
dowjones
Technical Indicators
Parallel Channel
pattern
rejection
Support and Resistance
Trend Analysis
US30
TheSignalyst
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