US30 SHORT IDEA
Updated
Hello it's my third idea which I am posting here, last 2 ideas were good bet so maybe I am not that bad. :D
Entry: now (34700) or wait till 35000 price level
Take Profit:
#1 34000
#2 33500
#3 32750
Reasons:
- overbought at H1, H4, W1 timeframes
- RSI bearish divergences at M15, H4, D1, W1 timeframes
- near supply level
- possible retest 200SMA at D1 chart
Yeah price can go up a little bit before this bearish move but it shouldnt go above 35500-35870 so maybe set your stop loss somewhere between.
Good luck :)
Entry: now (34700) or wait till 35000 price level
Take Profit:
#1 34000
#2 33500
#3 32750
Reasons:
- overbought at H1, H4, W1 timeframes
- RSI bearish divergences at M15, H4, D1, W1 timeframes
- near supply level
- possible retest 200SMA at D1 chart
Yeah price can go up a little bit before this bearish move but it shouldnt go above 35500-35870 so maybe set your stop loss somewhere between.
Good luck :)
Trade closed: target reached
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