US 500 - Sell Opportunity
Daily Chart:
Bearish Pin Bar with the rejection of high price @ key level 78.6% Fibo (Zone 314x) and closed below the lowest point of two previous Dojis.
H4 Chart:
Friday - closed with a bearish candle with rejection of high price (act as a confirmation candle)
Watch out:
There might be a retest at the zone 3090-3100
Action:
Join the Bears and target TP1: 2940-3000; TP2: 2800
Stop Loss:
Always set your SL
I suggest that set SL orders above 3171
Bearish Pin Bar with the rejection of high price @ key level 78.6% Fibo (Zone 314x) and closed below the lowest point of two previous Dojis.
H4 Chart:
Friday - closed with a bearish candle with rejection of high price (act as a confirmation candle)
Watch out:
There might be a retest at the zone 3090-3100
Action:
Join the Bears and target TP1: 2940-3000; TP2: 2800
Stop Loss:
Always set your SL
I suggest that set SL orders above 3171
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