US30 - Short scalp, rejected by 50MA on 15m Short

FX:US3015

Index of top 30 shares on Wall StreetFXCM

Description

⋅ Jun 24, 2019 3:02 AM

Short. Stop @ 26780, TP 26715

Trade active

⋅ Jun 24, 2019 5:02 AM

Closed hourly below MA50 on 15m

Comment

⋅ Jun 24, 2019 10:44 AM

going sideways for now. Watch out for a break out down.

Comments

maxaus

⋅ Jun 24, 2019 5:13 AM

We're seeing a good rejection on the 15m of the MA50. SPX lost the momentum and got rejected at notorious 2956. We're seeing pre-europe session consolidation. If we break down ascending channel at around 26700 we going to see sharp decline to 26530-510 area. Which is in my opinion is likely with upcoming sanction announcement by NY opening.
Be ready and be open minded.

-=Never give up=-