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BillyRayValentine84
Feb 7, 2021 12:11 AM

US30 sell signal Short

Index of top 30 shares on Wall StreetFXCM

Description

US30 as well as the other indexes are all in an uptrend overall... This past week was a strong push up from the previous week's pull back. Price is sitting near a major resistance level at 31260.00. Based on my observation of the RSI indicator sitting near overbought territory and pointing upward, I believe price will continue upward beginning next week. Price may go as high as 31300.00 before being rejected below the resistance at 31260.00. Price will then continue downward on its way to the 30780.00 area. I recommend waiting to enter between 31280.00 and 31300.00 and setting ur SL at 250pips and TP at 30788.00. Happy trading 😊🤑🤑🤑
Comments
AhmadZet
hi.. sir do you use telegram or any way that we can discuss with you the us30 movements regulary?
BillyRayValentine84
@suddenStork66964 i have a telegram but I do not use it to discuss market activity yet... once I become more consistently profitable I may begin but for now I'm just a novice trader that puts his ideas out there on tradingview
DaddySawbucks
Nice idea IMO but what was the signal?
BillyRayValentine84
Sell... be patient then sell... watch price action at the levels mentioned and make a decision... b based on what's happened in the past couple weeks is bound to happen again or in a similar way... I just call it where I think price will reach before a push up or a pull back
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