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US30 - Testing the weekly MA50 Resistance
Short
US30 - Testing the weekly MA50 Resistance
By kbaral
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Updated
Apr 21, 2022
5
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Apr 21, 2022
Great opportunity for US30 Sell. Currently testing Daily MA200 and Weekly MA50.
Current market price - 35400
SL - 35800
TP1 - 34800
TP2 - 34500
Most likely the downtrend will start soon and it has potential to move towards 33000.
However, to be on safer side we will look for TP1 & TP2. Nice Risk to Reward ratio.
Please like and comment if you agree with my analysis.
Apr 21, 2022
Trade active
Clear divergence formed in 1hr chart
Beyond Technical Analysis
kbaral
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