DOW JONES (US30) - Short from bearish order block ✅
Hello traders!
‼️ This is my perspective on US30.
Technical analysis: As we can see here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block for a short position.
Fundamental analysis: Tomorrow we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. Due to these news the analysis can be invalidated.
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‼️ This is my perspective on US30.
Technical analysis: As we can see here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block for a short position.
Fundamental analysis: Tomorrow we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. Due to these news the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
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t.me/Snick3rSD1
🌶 SpiceProp presents the offer with a 5% discount for any challenge.
🎁 Discount Code - SNICK5
spiceprop.com/
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