FxScientist999

US30 Sell Opp

Short
OANDA:US30USD   US Wall St 30
Taking a sell in US30 as a result of the lower lows that have been developing. Price also has given us a small head and shoulders formation on both the 1H and 15m charts. There is no news in the USD until Wedensday morning with Non-Farm Employment change, which is a big one. So i'll probably hold this trade til the beginning of tomorrow at the latest. Stop loss set above the most recent high. TP set at about 29550, for about a 4:1 PL ratio
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.