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
Operación activa
Price respected the diagonal resistance zones.Forgot to update this idea yesterday.
Short opened at 24 747. SL at 24 847
Operación cerrada manualmente
Small profit.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.