US30 / DowJones

3 nov 2020

Hello Gang, I hope all is well We're here with another bomb analysis, here we have Dirty30, Were looking for a short/sell on us30. stop loss will be 200 pip SL, take profit one starts at 150 pips! the stop loss is wide to give the indicie room to breathe since it is a highly volatile pair. More analysis to come tonight, i only put out analysis when i see a high probable trade opportunity. On this trade the analysis is based on Divergence. Divergence between the rsi and the price action on the chart as you can see with the ellipses highlighted the higher highs of the market and the divergence on the rsi giving us a clear trading opportunity. If in do case market hits SL, and continues to climb up we will be looking for a re-entry after market shows us clear divergence once more. Make sure to go to my profile to see my signature section.