DIA 23/05/23 Short
Asset and Time frame - DIA, Weekly
Entry Price - 331.88
Exit(Stop Loss) -344.88
Exit(Take Profit) - 292.56
Technical Analysis - Price action reached the 332 resistance line after multiple touches and rejections,it also under the 100 WMA after a failed attempt of making a new high,the only thing that bothers me is the 2WMA that is in our way of reaching the TP, but I doubt we will be making new highs at the current situation
Wishing us the best of luck!
Entry Price - 331.88
Exit(Stop Loss) -344.88
Exit(Take Profit) - 292.56
Technical Analysis - Price action reached the 332 resistance line after multiple touches and rejections,it also under the 100 WMA after a failed attempt of making a new high,the only thing that bothers me is the 2WMA that is in our way of reaching the TP, but I doubt we will be making new highs at the current situation
Wishing us the best of luck!
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