Good morning everyone
Here is the daily analysis of the
US500 where we can see a rounding top pattern forming.
If we broke 6780 level (neckline) we could reach 6540 level that is also the TP of my other idea here
We could have a top at 6920 then opening a short position with minimum target 6780.
Short divergence on RSI also helps in this idea.
Thanks
Here is the daily analysis of the
US500 where we can see a rounding top pattern forming.If we broke 6780 level (neckline) we could reach 6540 level that is also the TP of my other idea here
We could have a top at 6920 then opening a short position with minimum target 6780.
Short divergence on RSI also helps in this idea.
Thanks
Trade active
Multiday short always open, focus on 6540 area TPTrade closed: target reached
First target reached, we could see a pullback for few weeks before going down again.Waiting for confirmation
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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.