The chart indicates that the US100 index has broken below a strong ascending trendline, signaling a possible shift from bullish to bearish momentum.
📊 Trade Idea:
Entry: On a pullback to the 18,300–18,350 zone (look for bearish confirmation like a reversal candlestick).
Target: 15,500–16,000 area
Stop-loss: Above 18,350 (above the resistance/pullback zone)
Risk/Reward: Favorable setup if confirmed
This setup is based on classic price action: trendline break + pullback + continuation.
📊 Trade Idea:
Entry: On a pullback to the 18,300–18,350 zone (look for bearish confirmation like a reversal candlestick).
Target: 15,500–16,000 area
Stop-loss: Above 18,350 (above the resistance/pullback zone)
Risk/Reward: Favorable setup if confirmed
This setup is based on classic price action: trendline break + pullback + continuation.
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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.
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.