Snick3rSD

DOW JONES (US30) - Short from bearish order block ✅

Short
Hello traders!
‼️ This is my perspective on US30.

Technical analysis: As we can see here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fulfill the imbalance higher and then to reject from bearish order block for a short position.

Fundamental analysis: Tomorrow we have news events on USD. Federal Reserve of USA planned to raise interest rate by 0.25%, also we have FOMC Press Conference the same day. Due to these news the analysis can be invalidated.

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