I'm currently eyeing the US30 (Dow Jones Index) for a potential short opportunity based on multi-timeframe structure 📊.
🔍 Weekly Overview:
The weekly chart continues to show sustained pressure, with this week and last week both closing bearish. The sellers are clearly in control at the macro level. 🔻
📆 Daily & 4H Structure:
Drilling down to the daily and 4-hour charts, we can clearly see a break of structure (BOS). The 4H specifically is showing textbook signs of a bearish trend with lower highs and lower lows forming consecutively 🪜🔽.
🎯 Trade Plan:
I'm watching for a pullback into equilibrium, ideally near the 50% level of the recent Fibonacci range. If price revisits that zone, I’ll be looking for short confirmations to ride the momentum back toward the previous lows, as marked on the chart. 🧠💸.
🔍 Weekly Overview:
The weekly chart continues to show sustained pressure, with this week and last week both closing bearish. The sellers are clearly in control at the macro level. 🔻
📆 Daily & 4H Structure:
Drilling down to the daily and 4-hour charts, we can clearly see a break of structure (BOS). The 4H specifically is showing textbook signs of a bearish trend with lower highs and lower lows forming consecutively 🪜🔽.
🎯 Trade Plan:
I'm watching for a pullback into equilibrium, ideally near the 50% level of the recent Fibonacci range. If price revisits that zone, I’ll be looking for short confirmations to ride the momentum back toward the previous lows, as marked on the chart. 🧠💸.
👀 🚀 Clarity In The CHAOS - See 'Buy/Sell Signals Built To WIN' Video: 🔥💰
🔗 youtu.be/HmO91TrA9cM
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👉 LinkTree:
🔗 linktr.ee/anthonyborn
🔗 youtu.be/HmO91TrA9cM
👉Join Our Free DISCORD For MORE:
🔗 discord.com/invite/PcBeCdwVQq
👉 LinkTree:
🔗 linktr.ee/anthonyborn
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.
👀 🚀 Clarity In The CHAOS - See 'Buy/Sell Signals Built To WIN' Video: 🔥💰
🔗 youtu.be/HmO91TrA9cM
👉Join Our Free DISCORD For MORE:
🔗 discord.com/invite/PcBeCdwVQq
👉 LinkTree:
🔗 linktr.ee/anthonyborn
🔗 youtu.be/HmO91TrA9cM
👉Join Our Free DISCORD For MORE:
🔗 discord.com/invite/PcBeCdwVQq
👉 LinkTree:
🔗 linktr.ee/anthonyborn
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.