US30USD YM1! DOW 2022 FEB 21 Week

٢٠ فبراير ٢٠٢٢

US30USD YM1! DOW 2022 FEB 21 Week

34697 weakness provided good short .
As market approaches UHV area of bar A, possible scenarios:

1) Long if 33734 is supported
2) Long if 33031 - 33355 is supported
3) If price is resisted at black trendline and 34367 region =
short opportunity

Price reaction levels
Short on Test and Reject | Long on Test and Accept

36446 35750 35330
34968 34367 33734
33355 33031 32737
32036

Weekly: Average volume down bar closing near low = weakness
Daily: Average volume down bar closing off low showed =
demand present
H4: High volume down bar closing off high = demand present.

Remember to like and follow if you find this useful.

Have a profitable week ahead.