US 500 - Sell Opportunity
Weekly Chart:
Bearish Pin Bar with the rejection of high price @ key level 78.6% Fibo (Zone 314x)
Daily Chart:
Friday - closed with a bearish candle (similar to a bearish engulfing pattern)
Watch out:
There might be a retest at the zone 3040-3060
Trade idea:
Join the Bears and target T/P1: 2950; TP2: 2800
Stop Loss:
Always set your SL
I suggest that set SL orders above 3101
Bearish Pin Bar with the rejection of high price @ key level 78.6% Fibo (Zone 314x)
Daily Chart:
Friday - closed with a bearish candle (similar to a bearish engulfing pattern)
Watch out:
There might be a retest at the zone 3040-3060
Trade idea:
Join the Bears and target T/P1: 2950; TP2: 2800
Stop Loss:
Always set your SL
I suggest that set SL orders above 3101
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