• Dec 20, 2024
  • Trade ideas

US100: Decline Continues

US100, Daily

US100Daily.png

US100 is in a robust decline, facing the 20700 support level.

The Alligator’s lips cross the jaw, while the Momentum breaks below the 100-line.

  • Consider a short trade on US100 on a break below the 20700 support with the target at 19900 support.
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Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.

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Author: Timur Yurdagyul