US30 Short Setup – Bearish Retest Play
Idea: Looking for a short opportunity after a clean break of structure and trendline.
Breakdown:
Trendline Break: The rising trendline (yellow) has been decisively broken, signaling a shift in market structure.
Structure Shift: We saw a strong impulsive move to the downside, breaking previous higher lows and confirming bearish intent.
Key Resistance Zones: Price is now pulling back toward a key supply zone between 44,100 – 44,300, which aligns with previous support-turned-resistance.
Plan: I’m anticipating a potential lower high formation around this zone, followed by rejection and continuation to the downside.
Target Zone: My short target is the demand area around 42,900 – 42,600 where price last consolidated before the previous rally.
Invalidation: If price reclaims and holds above 44,400, the short idea becomes invalid.
Idea: Looking for a short opportunity after a clean break of structure and trendline.
Breakdown:
Trendline Break: The rising trendline (yellow) has been decisively broken, signaling a shift in market structure.
Structure Shift: We saw a strong impulsive move to the downside, breaking previous higher lows and confirming bearish intent.
Key Resistance Zones: Price is now pulling back toward a key supply zone between 44,100 – 44,300, which aligns with previous support-turned-resistance.
Plan: I’m anticipating a potential lower high formation around this zone, followed by rejection and continuation to the downside.
Target Zone: My short target is the demand area around 42,900 – 42,600 where price last consolidated before the previous rally.
Invalidation: If price reclaims and holds above 44,400, the short idea becomes invalid.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.