Despite the bullish nature of us30, the downtrend is confirmed. It's probably temporary, but for now we'd better not risking on getting long and just focusing on short positions. The drawn figure is just a scenario which has more than 50% probability and nothing more. In shorter timeframes I am looking for a suitable short entry situation. And if each one of Lower Highs are violated, this is no longer valid.
@KingKaiCrypto206 now thinking about "partial take profit" isn't a bad idea 😉
Mah1991
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I realized it could be a manipulation and fundamental mentors insist us30 is about to going down further more. as we see there is sell pressure for now
luison17
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What is your sentiment now considering price has violated the 2nd LH but continued making LL until now?
Mah1991
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@luison17 now I am more careful, and waiting for the last low to be breaked