US30 Short Idea based on monthly-minute breakdown

30 nov

After thorough breakdown i see US30 diverging in the weekly & hourly TF, after that I measured the daily-weekly moving average and concluded that it has finished the average pip movement before usual daily retracements. So after deciding it will be bearish I’m looking for a bullish retracement in the 1min-15 min TF to the 45100 area where I’ll be looking to place my SELLS. TP targets have been set from TP1-TP6 (Make sure to set to break even after TP1 hits if deciding to swing trade). Bulls usually control December so I did mark up the possible bullish scenarios from the 1st 4 TPs. Let’s see if US30 can FEED US !!

2 dic

Trade attivo

Sell Limit hit ON POINT, now we’re riding risk free SL at break even TP 1-3 hit already now we need TP 4 to break through so we can close everything out at TP 5. After that we can see if we buy the retracement or if it breaks out and we continue the sell. Stay tuned..