Hi traders
US30 on my radar next week
1. Currently B wave being formed
2. High probability chance of divergence in H1 timeframe
3. About to hit 40k as round number/psychological number
4. Liquidity at 39230 price level OB
5. After every sharp push upwards, there has to be a correction against that push (EXPANDING, RUUNING, REGULAR FLATS)
6. Wait for a slow CORRECTIVE move upwards towards 40k to give a confirmation of a drop
ENTRY: 40000
STOP LOSS: 40160
TAKE PROFIT: 39228
US30 on my radar next week
1. Currently B wave being formed
2. High probability chance of divergence in H1 timeframe
3. About to hit 40k as round number/psychological number
4. Liquidity at 39230 price level OB
5. After every sharp push upwards, there has to be a correction against that push (EXPANDING, RUUNING, REGULAR FLATS)
6. Wait for a slow CORRECTIVE move upwards towards 40k to give a confirmation of a drop
ENTRY: 40000
STOP LOSS: 40160
TAKE PROFIT: 39228
Trade active
Trade closed: target reached
Take profit has been hit.
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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.
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.