Aggressive flag short on US30
Price rallied down impulsively and is now correctly moving up before it finds an area to bounce off for the next extension. the overall bias is short on US30.
There's an area of resistance looking left and in the same zone, there are other confluences lining up as well in the same zone. The fib extension and an inverted fib extension, with an Equal measured move and trend line .with all these lining up, make a high probability SETUP. We set a limit order at that price with stops 1 ATR above the zone.CURRENCYCOM:US30
There's an area of resistance looking left and in the same zone, there are other confluences lining up as well in the same zone. The fib extension and an inverted fib extension, with an Equal measured move and trend line .with all these lining up, make a high probability SETUP. We set a limit order at that price with stops 1 ATR above the zone.CURRENCYCOM:US30
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.