US30 Possible drop formation
Dow Jones Industrial Average Index forum
US30 Possible drop formation
US30 I have observed the price action from 1m chart up to the monthly and summarize the ideas of what are shared in this community.only 2 ways to trade this. BUY or SELL.
noobs like me should stop asking which direction it will go for the day.
"it could go to any direction", "let's see how the market reacts", these are the honest and real answers.
let's study and not rely on what's given. end of the day, if you lose they don't.
US30 We've now got two, back-to-back Double Inside Day patterns. One alone creates a BIG move, either to the upside or the downside. When we have two of these, the market is being set for an exceptionally EXPLOSIVE move, especially with increasing hours of consolidation that builds up energy (that creates tight "coiling") for that to happen.
DJI I think it will keep falling
US30 Be careful fellas he may be starting a bearish retracement.
US30 I'm out of the trade, guys.
US30 If you were bored senseless from waiting while the candles went into hours of consolidation, I'd like to remind you that it's Taco Tuesday!US30 On the Hourly, we've now got three Shooting Stars within the last four hours. How many more does the market need before going down?Look at the chart closely: there's a S&R Zone below and a taller one above them. The candles are stuck in the middle.
US30USD so we've taken 520 and failed to close above what now?US30 I'm going there to get that money.
