Three trade setups for next week

3 trade setups for the week ahead

DJIA (US30CFD)

DJIA is being rejected from the 45180 level and is reversing down in the long-term consolidation channel, looking for an extension lower.

TRADE SETUP: SHORT SL 45700 TP 41000

DJIA trade setup

AMZN (AMAZON.COM INC)

AMZN reached the top of the wedge at 225, and I am respecting a reversal from this point to test 210 and a possible extension lower beyond that.

TRADE SETUP: SHORT SL 235 TP 192

AMZN trade setup

EURUSD

EURUSD is reaching 1.18000, a possible inflection point after a massive first half of the year rally—time for the short trade.

TRADE SETUP: SHORT SL 1.18800 TP 1.13280

EURUSD trade setup