TheSignalyst

US30USD - Dow Jones Short/Sell Idea

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OANDA:US30USD   US Wall St 30
US30USD - Dow Jones Short/Sell Idea

waiting for a momentum (H1) candle close below 26630.0 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Trendline (in blue)
3- Rejection/Resistance zone from Daily/Weekly (and round number 27000.0)

Three confluences are enough to consider Selling Dow Jones, after a break below 26630.0 (in black)

This analysis is done using RichTL
www.RichTL.com

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