Short

US30 4H

The profit targets of my last analysis got hit!

The market is going to push back down to the 34100 zone which is the midpoint of the W pattern that completed at around 35400.
If the market breaks below the orange trendline it will confirm the fake breakout from 24th march and will continue to go down. (I'm expecting at least 33300)

Entry: market open
TP: 34100
SL: 34900

Chart PatternsTrend Analysis

Related publications

Disclaimer