Long
Will US30 Reach the double top?
Since Dow did not form a flag continuation to the downside, our bias is hence bullish until it reaches the double top.
So in this setup price made a flag continuation pattern within a larger rising wedge structure, and since the key level was noted, that is the take profit.
Albeit not the highest of probability, it is still a valid setup.
Drop a comment and let me know what your views of the markets are!!!
So in this setup price made a flag continuation pattern within a larger rising wedge structure, and since the key level was noted, that is the take profit.
Albeit not the highest of probability, it is still a valid setup.
Drop a comment and let me know what your views of the markets are!!!
Trade closed: target reached
TP Hit, there was a smart money entry where the wick is (3 minute wyckoff schematic)
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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.