US30USD YM1! Dow 2021 Sep 06 Week
YM1!US30USD YM1! Dow 2021 Sep 06 Week
Shorting on weakness was good as price was rejected at the 35500 region several times.
Weekly: Narrow spread down bar. Price broke through previous week's high but closed below
the previous bar = Weakness.
Daily = Rotation, whipsaw expected. Last bar is down bar closing below 50% = weakness.
H4: Rotation, whipsaw expected. Up bar yielded no result = weakness
Entry based on price reaction on Red/Green zones.
Strategy for Short (Test and Reject)
Strategy for Long (Test and Accept)
Price levels on YM1!:
35550- 35500
35220 - 35250
35114
34775
34569
34495
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