US30/DOW H8: 5% pullback: price/RSI10 DIV (NEW)
US30/DOW H8: 5% pullback: price/RSI10 DIV (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because short-term I expect
more losses / 5% pullback off the highs.
🔸 Summary and potential trade setup
::: US30/DOW H8 market overview/outlook
::: hit overhead resistance already
::: noteworthy price/RSI10 div in progress
::: shorting makes sense
::: 5% pullback warranted off the highs
::: TP bears is 30 000 / 30 200
::: upside likely limited from here
::: means we will get more follow-through selling
::: STRATEGY: SHORT RIPS/RALLIES
::: Bears TP is 30 000 points. 5% pullback.
::: Expecting MILD downside next 1-2 weeks
::: recommended strategy: SHORT IT / SHORT RIPS
::: hit resistance time to cool down a bit
::: no fast/miracle gains here - patience required
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: MIXED/RANGE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because short-term I expect
more losses / 5% pullback off the highs.
🔸 Summary and potential trade setup
::: US30/DOW H8 market overview/outlook
::: hit overhead resistance already
::: noteworthy price/RSI10 div in progress
::: shorting makes sense
::: 5% pullback warranted off the highs
::: TP bears is 30 000 / 30 200
::: upside likely limited from here
::: means we will get more follow-through selling
::: STRATEGY: SHORT RIPS/RALLIES
::: Bears TP is 30 000 points. 5% pullback.
::: Expecting MILD downside next 1-2 weeks
::: recommended strategy: SHORT IT / SHORT RIPS
::: hit resistance time to cool down a bit
::: no fast/miracle gains here - patience required
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: MIXED/RANGE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
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🔸primary telegram channel
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🔸75%+ win rate free gold signals
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