US30 SHORT
Price has entered new highs but so far has been respecting resistance. Im sure price will try to test resistance 1 more time at the 618 fib mark which is the green highlighted square below my resistance level (if not 618 then at least my 382). I feel like price will be here for the next week or so or maybe even consolidate in this area until we see a retest then back to an uptrend. I really find it hard to believe to enter for a buy considering were are in new highs. My 20 MA is also above price which is a sign of a downtrend. But man I hope my analysis is solid and entered my green area for a solid sell! Let me know what you guys think!
Entry : 35500
Exit : 35150(-27 extension)
Entry : 35500
Exit : 35150(-27 extension)
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