We had 2 successful prediction for this index previously.
Technical always remains bearish and could be to target more demand liquidity.
Price did reach all time high, so we could definitely be expecting a correction.
Weekly candle just broke previous low --> this could mean a long term bearish view.
And considering the fundamental facts, I believe price could target any supply zone before it keeps dropping.
This is just an idea and might be subject to change !
KEEP FOLLOWING FOR MORE UPDTADES!!
Technical always remains bearish and could be to target more demand liquidity.
Price did reach all time high, so we could definitely be expecting a correction.
Weekly candle just broke previous low --> this could mean a long term bearish view.
And considering the fundamental facts, I believe price could target any supply zone before it keeps dropping.
This is just an idea and might be subject to change !
KEEP FOLLOWING FOR MORE UPDTADES!!
Trade active
Trade entered the rectangle ---> SELLNote
SL ---> ENTRY TAKE PROFIT at 300 PIPS !!! --> Take a look at the updated version for US30
Trade closed: target reached
430 PIPS and a beautiful 1:12 RR !!
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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.
Related publications
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.