Updated

US30 (3.14.24) V1

V1 - Whenever we have a big move like this, there is always a correction. Lets get ready to execute on it. The while zone is a previous major support that started the upward movement last week. I predict a good buy opportunity from this area. I will continue to provide updates as I see them

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Currently in a low risk buy. When price shows that it will truly respect this area, I will increase my lot size

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If you have no gotten in yet. Get in; I am in drawdown but the closer price is to your SL the better your R:R

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You can see that the zone is still providing a strong support even though it is not within the current range.

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If you got in the trade add a comment or boost the Idea.

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Currently up 40 pips. I will take profit and wait for another entry. Price will drop back in the zone again.

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You can take your profits, hold on the trade. When I know it is a high probability price will touch the zone again, I take profits from my initial entry and get back in the trade again if the price gives me another entry. Think about it like this. You make 500 and was willing to lose 500. You secure the 500 and when price gives you another entry you get in. If you lose, then you will break even on the day, but if you analysis is right, you win again

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Took 3K in initial profits, waiting on the second entry

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After this hour closes, I will be sending out a V2 Chart with the updated range.

TheGentlemanTrader13

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TheGentlemanTrader13

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