Based on Yesterday's trade Idea on US 100, In the 1H chart, we can see the Rejection as expected yesterday.
looking back on the H1 the market a new LL and start going to the Fib 38.2 Retracement+Minor Resistance as shown in the chart.
I expect the market to make a new HL as a fakeout where the entry area and Rejection from the Resistance Trend line would be more accurate to go shorting from there
Yesterday candle close seems to be a pin bar on the D1 market but overall on MACD and RSI levels were bearish and market structure indicating downside.
Today The second Entry Should be 13500(Same as Yesterday Entry Limit)
with the target of 12750 nice swinging trade
and Sl around 13650 above the Psychological number
As I m just started using the trading view so u r likes, give a tip n follow will improve the next step
thanks to all
We help all the traders who r not profitable and who had to face lots of problems with their financial statement and income.
We know cause we were there at some point!
DM for the Chat GP
looking back on the H1 the market a new LL and start going to the Fib 38.2 Retracement+Minor Resistance as shown in the chart.
I expect the market to make a new HL as a fakeout where the entry area and Rejection from the Resistance Trend line would be more accurate to go shorting from there
Yesterday candle close seems to be a pin bar on the D1 market but overall on MACD and RSI levels were bearish and market structure indicating downside.
Today The second Entry Should be 13500(Same as Yesterday Entry Limit)
with the target of 12750 nice swinging trade
and Sl around 13650 above the Psychological number
As I m just started using the trading view so u r likes, give a tip n follow will improve the next step
thanks to all
We help all the traders who r not profitable and who had to face lots of problems with their financial statement and income.
We know cause we were there at some point!
DM for the Chat GP