US30 - Testing the weekly MA50 Resistance

Great opportunity for US30 Sell. Currently testing Daily MA200 and Weekly MA50.

Current market price - 35400
SL - 35800
TP1 - 34800
TP2 - 34500

Most likely the downtrend will start soon and it has potential to move towards 33000.

However, to be on safer side we will look for TP1 & TP2. Nice Risk to Reward ratio.

Please like and comment if you agree with my analysis.

Trade active:

Clear divergence formed in 1hr chart