Dear Traders all around the world!
Today we're taking a look at the US30 Wall Street Index. Parallel you can use this analysis as confluence for a SPX Short. If you like my work make sure to hit that like & follow button!
Price is currently approaching EQ of our bearish breaker along with daily-RSI approaching trendline-resistance too. Volume is decreasing although we've seen a nice leg-up from the 25th March on.
Tomorrow we got NFP Data that often leads to some volatility. In case of XAU/USD where TA was align with the NFP-Data, it led to a change in trend.
Overall I'm looking for a decent 9.0 R/R Short Setup as displayed, targetting a bullish OB that aligns with overall EQ.
Update after NFP release.
Today we're taking a look at the US30 Wall Street Index. Parallel you can use this analysis as confluence for a SPX Short. If you like my work make sure to hit that like & follow button!
Price is currently approaching EQ of our bearish breaker along with daily-RSI approaching trendline-resistance too. Volume is decreasing although we've seen a nice leg-up from the 25th March on.
Tomorrow we got NFP Data that often leads to some volatility. In case of XAU/USD where TA was align with the NFP-Data, it led to a change in trend.
Overall I'm looking for a decent 9.0 R/R Short Setup as displayed, targetting a bullish OB that aligns with overall EQ.
Update after NFP release.