After breaking yesterdays hourly range, DJ30 is continuing bullish today and looking for a new hourly top.
We have a stronger pullback in M15, reversals in M1 and M5 that have not indicated continuing yet. I do not expect much indecisiveness of DJ30 today even though, the new hourly floor is a dominant zone.
We have a stronger pullback in M15, reversals in M1 and M5 that have not indicated continuing yet. I do not expect much indecisiveness of DJ30 today even though, the new hourly floor is a dominant zone.
Note
Entering a new trend zone. Blue is the currently rejected honoring line.. Note
Or if thats more clear3 options:
wait for new structure
Buy at floor with 50/50 risk
Take zone to zone
Note
Like the momentumNote
Out because of news...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.