candlewhisperer

US2000 Downtrend Continuation

Short
FOREXCOM:US2000   US Small Cap 2000
Price action analysis identified US2000 downtrend continuation and short opportunity. Reversal pin bar trigger, confluence with; weekly downtrend, rejection of falling channel resistance, rejection of 50 WMA, rejection of previous horizontal support/resistance and rejection of 38% fib. Trade subject to price rising into sell limit pending order.
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