US30 Inside 4hr, a both-sided trade
Updated
US30 gave an inside 4hr after being slumped yesterday; at this spot I'm willing to take the trade both sided.
Reason:
If it breaks to the upside, it means that the 21800 support tries to play some rebound here, so my target price could be 8EMA around 21930;
If it breaks to the downside, it means the selling pressure and the downtrend remain strong, so participating in a trend is always my trading philosophy.
Reason:
If it breaks to the upside, it means that the 21800 support tries to play some rebound here, so my target price could be 8EMA around 21930;
If it breaks to the downside, it means the selling pressure and the downtrend remain strong, so participating in a trend is always my trading philosophy.
Note
broke to the upside, long! out @ 21790
Note
got my 21930 !
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