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TRADE OF THE WEEK | Classic Structure Trading๐Ÿ’ฐ

795
์Šค๋ƒ…์ƒท

Hey traders,

After a bearish breakout of 34.000 - 34.300 structure support,
I told you many times that it turned into a very strong resistance
and from that, you should look for opportunities to short.

Dow Jones Index (US30): Very Bearish Outlook ๐Ÿ“ˆ


The broken structure was retested 3 times,
and the market gave us very nice confirmations to short.

Dow Jones Index (US30): Bearish Outlook For Next Week ๐Ÿ“ˆ


Dow Jones Index (US30): Bearish Rally is Coming ๐Ÿ“ˆ


Yesterday, the price was retesting that structure again.
The index formed a tiny double top formation on 1H time frame,
broke its neckline and on a retest, a short position was opened.

Then the market dropped sharply.

Great winner and nice trade!

โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ

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