US30 BUY OR SELL?Trading is time sensitive, you still sleeping?
YELLOW-previous monthly low and high
BLUE-previous weekly high and low
GREEN-previous daily high ang low
As observed we are trading in a dip.
Dips can be a little confusing, and cause not only frustration but loss of capital invested.
The best way to trade a dip is to be patient, highlight your high and low and keep in mind that most buys happen at lows and most sells at highs.
With this in mind, one needs to have a clear picture of what happened at the beginning of the month and what is happening today.
In this case;
1.Price bought low at the monthly.
2.Price is trading at a monthly high.
3.Price is trading at a weekly low.
4.The daily candlestick closed above both the monthly high and the weekly low.
**For one to buy, price has to sell first, wait for a sell before buying.
Lastly, understanding what you are trading, if Donald Trump is behind it rest assured you should BUY. You just need to know when by observing the daily candlestick.
The best place to buy would be below 43330.4
