Weekly still bearish but H4 bullish. Trade is a scalp so not holding too long.
My current position before the move
US30
Side: Short / Sell
Entry: 31500
Take Profit: 31000
Stop Loss: 31600
disclaimer: Past Profits do not predict future earnings. Risk only 1-2% per position
Good morning,
After last weeks rejection of a well respected psychological level 30650 — we had a break of structure, to the upside, on H4.
Currently, waiting on a pull back before entering longs: targeting psychological level 31900 for a possible TP.
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Time to secure the bag on US30!
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@Fx34811073 Yes, sir, indecisive daily doji candle this late into Friday. May go sideways into the holiday weekend.
We’ll see how it prints closer to the conclusion of today’s session.
Support is holding above psychological level 30650 after retesting 30500
Double bottom on H4 formed with strong divergence. Being that it is Friday, I’m waiting for strong price action before enteringIf nothing’s clear will wait till after the holiday weekend
#us30#us30trading
After last weeks inflation numbers release, we see the market took a plummet. Now we sit on our hands and wait for something to form. No jumping in trying to catch a falling knife. The trend is your friend.
#us30#dowjonesanalysis#us30strategy#us30analysis#us30index