r2d22010

Us30 will start to come down from here!

Short
CURRENCYCOM:US30   Dow Jones Industrial Average Index
right now we are seeing price test the top of our rising wedge which is a good thing!

starting next week we could drop to 32,554 and go up to 32,816 right after....

i do believe that next week we will break this huge rising wedge which will push us down.

plan:
+ price breaks rising wedge
+price falls around 400 points
+we consolidate after hitting a strong support
+hit 33k late march/early april

here are your selling/buying points + targets

buying point and target(risky trade)
a good buying point is at 32,554
and your only target is at 32,816

selling point/ targets:
a good selling point is at 32,750
and your first target is at 32,554
(if it does go up to 32,816 that would be a better selling point)
your second selling point is at 32,682
and your final target is at 32,363

a good SL would be at 32,830

(TAKE TRADE AT YOUR OWN RISK)
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