Price action analysis identified US2000 downtrend continuation and short opportunity. Reversal pin bar trigger, confluence with; weekly downtrend, rejection of falling channel resistance, rejection of 50 WMA, rejection of previous horizontal support/resistance and rejection of 38% fib. Trade subject to price rising into sell limit pending order.
I haven't published anything since I took a loss 2 weeks all due to failing to see the small rebound as a breather for bear.
I did trade last week, mainly on the short side, one long on COST(which obviously failed almost immediately, this is good since it made me close fast) and shorts on HUM, KEYS, etc.
Now we are here with this big drops only problem is that...
US2000 Expecting a small bounce from here, with a low risk entry and >6:1 to first target, and possibly 16:1 to second target
I'm taking an aggressive long now but potentially high R:R with harmonic pattern, demand + oversold indicators