Hello Traders!
Dow Jones index for 3H Analysis show us some Price range between two white rectangle, and that what will the price continue on it until break the resistance area.
The Price will going to make a pull back and that's mean is the perfect time to buy at the previous resistance level (Current Support) presented by the lower black rectangle between $34080 - $34180.
On the weekly time frame we have a previous bullish engulfing candle, in this week also the candle show us that is the buyers still in control that what assures us of a bullish continuation for US30 next week.
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Trade Idea for US30 ( Dow Jones ) :
- Wait for a pullback movement at the Black support rectangle then buy
- TP1 AT $34870
- TP2 AT $35445
NB: The probability of what I analyzing, is to be true unless the opposite is proven
Feel free dear trader to share with me your opinion, and also your analysis & Follow me for more analysis and also keep watching
Have a nice trading