USTEC SELL Monthly Structure Analysis and Trade Setup
The USTEC monthly structure on the daily timeframe is represented by OHLC, indicating a Sell Setup. We are currently waiting for a bearish TDI cross on the daily chart to confirm the presence of sellers in the market. Additionally, the candle formation at the high is an evening star pattern, which signals a potential reversal.
If the trade moves in our favor, I have identified three take profit targets:
1. First Take Profit: 18,485.24
2. Second Take Profit: 18,193.98
3. Third Take Profit: 17,958.57
Trade with caution. If you find this post useful, please like, follow, share, and leave a comment.
If the trade moves in our favor, I have identified three take profit targets:
1. First Take Profit: 18,485.24
2. Second Take Profit: 18,193.98
3. Third Take Profit: 17,958.57
Trade with caution. If you find this post useful, please like, follow, share, and leave a comment.
Penafian
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