US Wall St 30Short
us30
This pattern is called 'three falling peaks.' It is a bearish reversal pattern. Price needs to come back toretest 4hr trendline. Placing a sell stop order below support level with a bit of gap room to prevent any fakeouts. Looking at about a 230 pip target. If you take this trade PLEASE use risk management. Good luck!
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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.