djpatrizo

US30 Bearish (23-02-2024)

Short
BLACKBULL:US30   Dow Jones Industrial Average Index
1. There is Pin-Bar Candle existed in 4H Chart.

2. Stoch are overbough at 90%.

3. Price pullback and retest the support resistance area.

4. SL should cover the all the Pin Bar area include the wicks.

5. if we take closer look at 1 H chart the stoch are currently below 80%.

We want to make sure once the stoch has reach 90% overbought or oversold area.

don't take trade immediately wait until it drop below 80% and between 70% area.

SL: 39157

Target Profit: 38315

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