In two likely scenarios, Us30 is currently at a draw of resistance. When the market is open, if we spot a reversal, we intend to open a short position with entry at 32,180 with tp at 30,300.
But if there is break out on current resistance, then we expect to see a trend continuation to the upside with a strong resistance at 34,150 which leads us to our focus trade with short entry at 34,150 and tp at 30,300
But if there is break out on current resistance, then we expect to see a trend continuation to the upside with a strong resistance at 34,150 which leads us to our focus trade with short entry at 34,150 and tp at 30,300
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