KosirFX

US30 DOW JONES watch for sells

Short
KosirFX Updated   
OANDA:US30USD   US Wall St 30
Hi traders, US30 came back to supply zone at the top, and I expect that this zone will reject price again and push it lower. So watch for rejection, and then strong breakout. My longterm target will be around 29.650 where price will break previus low. Realy nice wave is coming there so stay patient! Keep in mind that today we are having NFP news, which can move market realy fast, so be careful! Good luck!
Comment:
There is also daily macd divergence, as you see macd is showing that price is loosing momentum from 17th Nov 2020, but price is still pushing higher and creating new highs. That divergence can push price down realy nicely, which is good confirmation for our sell
Order cancelled:
Hi traders, just quick update.. As you see price break zone and retest it, and its now pushing higher.. Wait with sells price is not ready yet, we may see retest of the top around 32.000 first.. Anyway momentum is not strong, so we may see price just drop
Comment:
Price is showing some reversal. I want to see daily candel close bearish
Comment:
Doesnt look good, i dont like it how price is moving. On candel down, next one up.. Im waiting for daily candel closing bearihs again, price need to lost momentum
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.