My bias for US30 this week is bullish, anticipating a further upward movement before encountering a 2-hour supply zone around 39000.0. Afterward, I expect a slowdown and distribution within this area before a potential downward move. Upon receiving confirmation on lower time frames, selling could target the new trendline liquidity above the 23-hour demand zone....
US30 (DOW) - Looking to Sell Drop below 50 EMA or touch of 0 Fib line? Using stop loss and trailing stops. Target 18282. Market Hyenas - Everybody Eats!!!
US30 (DOW) Expect dip down to 21500 then bounce then must hold there or we will see drop to 18282?
Analysis - Let's do it again - Drop in coming - If price enters the 'RED ZONE' Risk:Reward will be 1:4. 'Diamond' FIB ABCD. let's go!!
ABOUT TO FALL HARD<wait for breakout and retest.
Great Trade today! Did you catch all these pips? Do you still want more like this?