Short
Dow Jones - US30 Short Trade Idea
Price has retraced to 50% Fib level and previous broken structure. Watching Price action for sell setup on 4hr.
If this gives away the next stop for sell is at 61.8% Fib and confluence of multiple support and resistance.
Fundamentally it's a bear market and considering all the companies are literally closed for business and some of them already out of business, the next move is only to the down side.
If this gives away the next stop for sell is at 61.8% Fib and confluence of multiple support and resistance.
Fundamentally it's a bear market and considering all the companies are literally closed for business and some of them already out of business, the next move is only to the down side.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.