US30 on strong resistance zone

2021年1月8日

Hello traders on daily timeframe we see that price is testing a strong resistance zone from 2018. In the start of 2021 price broke high above 30700 area from where it should have moved down. But now it has come to the point where after testing the resistance I am hopeful that it will pull back.

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2021年1月8日

註釋

For our confirmation and strategy that we can apply is RSI divergence. On 1Hr chart we can see a divergence clearly. If price is able to break the trend line you can go short on this trade with calculated risk. Monitor price on 15min chart.

2021年1月8日

交易進行

According to our RSI divergence setup price broke the trend line hopefully it will give us nice pips. Let's see