US100 Trendline Breakout Suggests Bearish Setup
The US100 has broken below a key ascending trendline on the 4H chart, signaling a possible end to the recent uptrend. Price is now trading below the Ichimoku cloud, confirming a bearish bias and activating a positional short setup.
🔹 Pattern: Trendline Breakout (Bearish Signal)
🔹 Current Price: ~21,590
🔹 Target: 20,678
🔹 Resistance Zone: 21,743 – 22,088
🔹 Technical Outlook: Bearish momentum building below trendline and cloud
🔹 Fundamental View: Rising rate concerns and tech sector pressure could weigh on US100
Short trade in play—selling pressure expected to increase below resistance. Manage risk accordingly. 📉📊
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This is not financial advice. Please conduct your own research and manage risk accordingly.
The US100 has broken below a key ascending trendline on the 4H chart, signaling a possible end to the recent uptrend. Price is now trading below the Ichimoku cloud, confirming a bearish bias and activating a positional short setup.
🔹 Pattern: Trendline Breakout (Bearish Signal)
🔹 Current Price: ~21,590
🔹 Target: 20,678
🔹 Resistance Zone: 21,743 – 22,088
🔹 Technical Outlook: Bearish momentum building below trendline and cloud
🔹 Fundamental View: Rising rate concerns and tech sector pressure could weigh on US100
Short trade in play—selling pressure expected to increase below resistance. Manage risk accordingly. 📉📊
Note :If you found this helpful, like and follow for more trade ideas!
Share My Idea With Your Firends Mention Your Feed back Comment Section
This is not financial advice. Please conduct your own research and manage risk accordingly.
Trade ist aktiv
US100 – Short Setup Active After Trendline Breakout Haftungsausschluss
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.