The historic crash which Covid triggered in Feb/March has been recovered to a key fib level. We have been ranging for a while and with the current rise of infection and threat of a second wave, prices could plummet again in fear.
The stop has been placed in a strong supply zone above as caution.
If we are in Wave 3 of an Elliot Wave, then prices could go...
Here is the us30 sell trade I will be looking at!!
Here is where i think there be a good reversal candlestick trade! to get into a sell!
Fib retracement below 800MA
Good support and resistance!!
The Dow Jones Industrial Average (DJIA) tracks the performance of 30 of the biggest companies in the US and is often used as a...
As we can see from the chart previously once price broke the highlighted level it dumped but retraced very quickly. I anticipate once support is broken we are going to see an even bigger drop.
I have a few sell stops in just in case to catch the fall