HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND.
HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT ON THE DOW JONES THIS COMING WEEK.
THE DOW CLOSED I A BEARISH OB WITH AN INDECISION CANLE AFTER A FAIRLY BULLISH DAY ON THURSDAY.
* This OB was a sweep of som liquidity in which we saw a rejection.
* Change in momentum is confirmed whith a choch.
* Looking for a continuation towards the downside on the DOW.
- To take the previous lows for confirmation that we are bearish for the week.
- REJECTION at the bearish OB would be a nice confirmation.
* If we break below and close under the OB
- TARGET would be the LIQUIDITY & OB BELOW FOR continuing to the upside.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!