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ForexWizard01
Aug 19, 2022 3:42 AM

US30 is preparing for a breakdwon!! Short

Description

US30 has formed a reversal pattern and has broken out of local trends and retested with strong rejection. Price has created strong bearish price action and is likely to break down to the daily support as the market is over-extended.

A high probability setup is on the previous support as resistance.

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Comment

Comments
Rockqet
While I can see that you have a bearish bias due to the short term trendline break, we have a bullish bias as price is moving above the ichimoku indicator. Do checkout our analysis here
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