Is it ripe to sell USTech100? | New perspective for the week

מעודכן
From a technical perspective, I have identified a simple setup in the form of a trend continuation pattern where there is the possibility of either a breakout or rejection of this trendline to send price, either way, this new week.

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You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.
עסקה פעילה
Outlook on the 15-minute timeframe:

תמונת-בזק

Good morning
עסקה פעילה
Running just as expected: I am locking in some profit

תמונת-בזק
העסקה בוטלה באופן ידני
I was taking out of my selling position with some profit. So, I am looking for another selling opportunity. Price action is been monitored to see where this retracement will end

תמונת-בזק

Good morning
עסקה פעילה
With multiple rejections evolving into what looks like a reversal pattern; Are we going to see a selling opportunity below the $13,000 area in the nearest future?

תמונת-בזק

A breakdown/retest of the $13,000 could be the selling continuation I have been looking for in the last 24 hours
הערה
For the sake of clarity; this is the bearish trendline on the daily timeframe

תמונת-בזק

If a successful breakout of this level to the upside happen then I will be waiting at the $13,200 bus stop for selling opportunity.
עסקה פעילה
Price is back at where it started this week and with multiple rejections of this zone; I am of the opinion that price is about to continue in the direction of the prior leading price action.

תמונת-בזק

Good morning
עסקה פעילה
Its over 350pips in profit; locking some profit

תמונת-בזק
עסקה פעילה
It's over 400 pips in profit. I am locking in some profit and extending my TP to $12,500. Depending on how the market structure plays, I intend to extend my TP accordingly.

תמונת-בזק

Good evening
עסקה פעילה
THIS IS MY TRADE FOR THE WEEK!
Over 1,200pips in two trades

תמונת-בזק

Well done, good night, and a blissful weekend!
618 Fibonacci RetracementChart PatternspriceactionreversalpatternTrend Analysistrendcontinuationpatternsustechustech100USTECH100CFD

Trade smart. Trade consciously
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