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Mahtab_Tradia
Dec 14, 2021 6:00 AM

US30 Drops After Breakout  Short

Description

US30 is in a bearish trend and has started a downside move, after a bullish retrace.

Currently, price has approached to the yellow support level, but I personally expect a downside breakout on it because we are facing a strong bearish pressure.

If the yellow level broken out to the downside and price closed a bearish confirmation candle below 35600, we can expect more drop at least to (35380 - 35240) which is a demand zone.
Comments
kimstandgraph
Good
Mahtab_Tradia
@kimstandgraph, Many thanks. 😍
graphbullS
Nice idea
Mahtab_Tradia
@graphbullS, Thanks a million. 🙏🙏🙏
Astro_fxd
Great work
Mahtab_Tradia
@Astro_fxd, Grateful for your support 🤞🙌🙏
Mihai_Iacob
I also think it will drop.
On daily we have a bearish engulfing.
A visit to the previous low is not out of the question.

Thanks for posting
Mahtab_Tradia
@Mahtab_Tradia, I always check your ideas, many thanks for your help 🙏🙏👌
TopTradingSignals
Do you use RSI by any chance?
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