DOW on a bearish price action 🦐
DOW on the 4h chart is testing the 33800 area.
The market after the bullish impulse may be looking for some retracement.
At the moment th index is trading above a confluence area between the structure and an ascending resistance.
How can i approach this scenario?
According to Plancton's strategy IF the price will break below we can set a nice short order according to the CPS rules.
The market after the bullish impulse may be looking for some retracement.
At the moment th index is trading above a confluence area between the structure and an ascending resistance.
How can i approach this scenario?
According to Plancton's strategy IF the price will break below we can set a nice short order according to the CPS rules.
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