US30 (YM1!) Intraday trade - SHORT

US30 is now retesting the STRONG support zone it broke. This zone was formed over the past few days, so I am expecting a rejection.

Look to enter a BREAKOUT SHORT below the current 1HR candle.

Again, DO NOT FOMO into a position now. Allow the price to reject before jumping in.

Remember, aim to make good trades, protect your profits and then think about making a gain after that.

Comment:

Make sure to exercise extra caution today as it is Jackson hole today.

Trade closed: stop reached:

Stopped out.

Comment:

Powell gave a dovish outlook for the dollar, hence why stocks are seeing some momentum upwards.