Dow posible long scpal
Updated
As described on the chart itself this could be a good short term trade to get some points in. Lets see what happens.
Note
Took this trade on, entry on the M5 chart. Stops at 29354.46
Initial target at 29645.21
Trade active
Bears are still present, not giving up without a fight.Rule number 1. protect the capital
Stops moved to 29360
Trade active
If the bulls can defend the zone once again despite the strenght of the bears, we might have a fighting chance to get somewhere with this.Trade closed: stop reached
Bears won this battle. Stop reached.
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