Short
US30 TO 31700
A peak was made when price was almost at 35000 and it has been bearish ever since, currently price is forming a bearish penant pattern that I expect that price will fill the imbalance at 33750 before it sells to 31700.
Note
Just a little push into 33750 and we will short to 31720Note
Price have gotten to our imbalance zone, and we can see on the H4 that it is forming a double top. so if checklist are met, we will get to sell.Order cancelled
Note
Look how the price delayed before the fall, now I'm expecting price to head back to the imbalance zone as a point of resistance for more bearish move.
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Related publications
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.