Long on DOW!
Hello Fellows!
Today I'm looking to go long on the DOW. As you all can see that the S/L is quite tight because, as per my analysis, this area is a liquidity grab. After the high formed last week on Thursday the price has moved pretty much sideways. Although it challenged the said high last Friday, it has managed to stay within the range without breaking structure.
The market touched base on Friday the 14th of this month and seems to be on a rally towards the ATH and I believe it will rally hard!
I look forward to a successful trade. Do manage your risk.
Take care, trade safe and stay dandy!
Note: The information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
Today I'm looking to go long on the DOW. As you all can see that the S/L is quite tight because, as per my analysis, this area is a liquidity grab. After the high formed last week on Thursday the price has moved pretty much sideways. Although it challenged the said high last Friday, it has managed to stay within the range without breaking structure.
The market touched base on Friday the 14th of this month and seems to be on a rally towards the ATH and I believe it will rally hard!
I look forward to a successful trade. Do manage your risk.
Take care, trade safe and stay dandy!
Note: The information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
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.