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US30 - Dow Jones Sell Setup

US30 is currently sitting around resistance so we will be looking for sell setups.

We have a channel in red and a head and shoulders pattern acting as an add-on.

we also have a divergence adding more confluence to our setup.

Our trigger would be after a momentum candle close below the gray area.

Our stop loss goes above the right shoulder, and as usual, we target double our stop loss size.

Good Luck!
Chart PatternsDivergencedowjonesTechnical IndicatorsParallel ChannelpatternrejectionSupport and ResistanceTrend AnalysisUS30

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