Short
SELL DOW 30 (QUICK SCALP)
Price correction down to the support line. Continuation of downward trend line. Next support line and trend line support falls at the fib retracement 50-60% golden area.
My entry price was 30000. TP at 29000 SL at 30200
Quick basic analysis with simple graph. Follow through with your own analysis. Happy Trading!
My entry price was 30000. TP at 29000 SL at 30200
Quick basic analysis with simple graph. Follow through with your own analysis. Happy Trading!
Note
Currently in profit. now near the support line. If breaks the support line and trend line below it could possibly keep continuing down to the weekly 50-60% fib retracement which falls at the next major support and 200EMA line around 27400Note
TP hit! Will now be waiting for a sign of continuation of the downtrend for another short entry.
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.
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.