US30 Under Pressure: Possible Short Setup Brewing on the 4H
I'm currently eyeing the US30 (Dow Jones Index) for a potential short opportunity based on multi-timeframe structure ๐.
๐ Weekly Overview:
The weekly chart continues to show sustained pressure, with this week and last week both closing bearish. The sellers are clearly in control at the macro level. ๐ป
๐ Daily & 4H Structure:
Drilling down to the daily and 4-hour charts, we can clearly see a break of structure (BOS). The 4H specifically is showing textbook signs of a bearish trend with lower highs and lower lows forming consecutively ๐ช๐ฝ.
๐ฏ Trade Plan:
I'm watching for a pullback into equilibrium, ideally near the 50% level of the recent Fibonacci range. If price revisits that zone, Iโll be looking for short confirmations to ride the momentum back toward the previous lows, as marked on the chart. ๐ง ๐ธ.
๐ Weekly Overview:
The weekly chart continues to show sustained pressure, with this week and last week both closing bearish. The sellers are clearly in control at the macro level. ๐ป
๐ Daily & 4H Structure:
Drilling down to the daily and 4-hour charts, we can clearly see a break of structure (BOS). The 4H specifically is showing textbook signs of a bearish trend with lower highs and lower lows forming consecutively ๐ช๐ฝ.
๐ฏ Trade Plan:
I'm watching for a pullback into equilibrium, ideally near the 50% level of the recent Fibonacci range. If price revisits that zone, Iโll be looking for short confirmations to ride the momentum back toward the previous lows, as marked on the chart. ๐ง ๐ธ.
๐ ๐ How To Trade The Session Open Winning Strategy Video: ๐ฅ๐ฐ
๐ youtu.be/G7uPkPhuBDA
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๐ youtu.be/G7uPkPhuBDA
๐Join Our Free DISCORD For MORE:
๐ discord.com/invite/PcBeCdwVQq
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
๐ ๐ How To Trade The Session Open Winning Strategy Video: ๐ฅ๐ฐ
๐ youtu.be/G7uPkPhuBDA
๐Join Our Free DISCORD For MORE:
๐ discord.com/invite/PcBeCdwVQq
๐ LinkTree:
๐ linktr.ee/anthonyborn
๐ youtu.be/G7uPkPhuBDA
๐Join Our Free DISCORD For MORE:
๐ discord.com/invite/PcBeCdwVQq
๐ LinkTree:
๐ linktr.ee/anthonyborn
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.