Hi Traders,
We might be in a short term SELL on $CMCMARKETS:US30.
Price Action Analysis:
Good Luck!
We might be in a short term SELL on $CMCMARKETS:US30.
Price Action Analysis:
- 4hr Chart: Price is now in sellers' territory and has approached this level with noticeable struggle. This hesitation makes me wonder if buyers are losing interest and if a potential discount (sell-off) is on the way.
- 1hr chart: Price still looking bullish. In order to see if the price will fall we will need to monitor it
- Lower timeframe: Timing for entry
Good Luck!
STUDY, STUDY, STUDY. Lorenzo Tarati :)
Trade closed: stop reached
unlucky, also stupid i sold in buyers presence wthout confirmation of seller coming in.lets keep this in mind, price can still be correcting. standby
Note
it is a good time now to get in the sell, today or tomorrow?Disclaimer
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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.