US30 30270 + 0.71 % LONG IDEA * PRICE ACTION & BREAK OUT
Updated
Hello everyone
Here's a look at the DOW JONES INDEX , hope you are having a good one.
Now the index rallied with the bulls and we saw a bit of correction as expected with an impulse move, the index ranged within an ascending triangle structure respecting the structure completing the 123 formation which could possibly mean that we may see some volatility return in the index.
There are 2 trigger points for this one so its important to watch and monitor price confirm and follow your entry rules should the structure hold will be targeting the Fib retracements 38.2 % and should we see significant moves with the bulls upon break out will be targeting Fib EXT'S
many stars must align with the plan before executing the trade, kindly follow your rules.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
HAVE A GOOD ONE!
Here's a look at the DOW JONES INDEX , hope you are having a good one.
Now the index rallied with the bulls and we saw a bit of correction as expected with an impulse move, the index ranged within an ascending triangle structure respecting the structure completing the 123 formation which could possibly mean that we may see some volatility return in the index.
There are 2 trigger points for this one so its important to watch and monitor price confirm and follow your entry rules should the structure hold will be targeting the Fib retracements 38.2 % and should we see significant moves with the bulls upon break out will be targeting Fib EXT'S
many stars must align with the plan before executing the trade, kindly follow your rules.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
HAVE A GOOD ONE!
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