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PrimedGroup
Nov 11, 2020 8:38 AM

US30 SHORT / Day trade  Short

US Wall St 30OANDA

Description

Im short on US3 and still long on NADSADQ, since the elections they have a negatvie correlation and this trade looks like a solid sell!

RSI is over bought, price rejected 38.2% of the recent high to low and created a rejection / reversal candlestick

Furthermore, a trendline has supported price heading to the levels and price moved slowly after a big drop recently... I expect atleast some solid downside.

Comment

The SL added here was wrong, our normal SL is above the 30%, this trade would have been a winner on TradingView if the SL was set correctly.
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