High Probability Bearish Continuation US30
Updated
By following the bearish trend. I am still looking for shorts, since price keeps breaking Lower Lows.
- DXY keeps dropping with China´s Yuan strenghting , reason why I´m still looking at shorts. with Gold also strenghting.
- Altho US Bonds are dropping and Stocks rallying, but US dollar keeps struggling to recover.
- I am waiting for price to respect my demand zone aroung 32860 - 33000
- DXY keeps dropping with China´s Yuan strenghting , reason why I´m still looking at shorts. with Gold also strenghting.
- Altho US Bonds are dropping and Stocks rallying, but US dollar keeps struggling to recover.
- I am waiting for price to respect my demand zone aroung 32860 - 33000
Trade closed: stop reached
Mistake Identified:- Price seems to retrace to the trendline that broke through. Then it continues to the predicted movement.
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