Good morning Traders,
I hope everyone has had a winning week so far :)
The US100 is sitting at a pivotal point. Price is currently at all-time highs but also testing two key diagonal resistance levels — one medium-term and one short-term. These resistance lines are intersecting right now, which adds extra weight to this resistance zone.
The big question:
👉 Will the US100 break through resistance and push higher into uncharted territory, or are we about to see a short-term correction from here?
📊 Trade Plan:
Not entering a trade just yet — waiting for confirmation of either a breakout with retest or rejection and reversal.
Very keen to hear what everyone thinks, let me know please :)
Peace
G
I hope everyone has had a winning week so far :)
The US100 is sitting at a pivotal point. Price is currently at all-time highs but also testing two key diagonal resistance levels — one medium-term and one short-term. These resistance lines are intersecting right now, which adds extra weight to this resistance zone.
The big question:
👉 Will the US100 break through resistance and push higher into uncharted territory, or are we about to see a short-term correction from here?
📊 Trade Plan:
Not entering a trade just yet — waiting for confirmation of either a breakout with retest or rejection and reversal.
Very keen to hear what everyone thinks, let me know please :)
Peace
G
Trade ativo
Price respected the diagonal resistance zones.Forgot to update this idea yesterday.
Short opened at 24 747. SL at 24 847
Trade fechado manualmente
Small profit.
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.