Short

TRADE OF THE WEEK | Classic Price Action Trade💰

snapshot

Hey traders,

This week, we caught a great short trade with my students on US30 index.

We spotted a nice horizontal key level where the market formed a double top formation.
Dow Jones Index (US30): Bearish Move From Key Level 📈


Our trigger was a breakout of its neckline,
the position was opened on a retest.

Then the market dropped sharply giving us a very nice winner.

Did you catch this move?



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Candlestick AnalysisDouble Top or BottomdowjonesdowntrendElliott WaveS&P 500 E-Mini FuturesindexesnasdaqS&P 500 (SPX500)US30

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