TheSignalyst

US30 - Dow Jones Sell Setup

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US30 is currently sitting around resistance so we will be looking for sell setups.

We have a channel in red and a head and shoulders pattern acting as an add-on.

we also have a divergence adding more confluence to our setup.

Our trigger would be after a momentum candle close below the gray area.

Our stop loss goes above the right shoulder, and as usual, we target double our stop loss size.

Good Luck!

This analysis is done using RichTL
www.RichTL.com

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