YM1! US30USD DOW 2023 June 05 Week
YM1! US30USD DOW 2023 June 05 Week
Welcome myself back from holiday!
Some selling into higher prices, so will watch reaction to 24605-34275
area.
Possible scenario:
1) Short if 34605-34275 is rejected again
2) Higher low toward previous resistance, for long on retracement.
Retracement down bars need to be on lower volume for this to happen.
Price Reaction Levels:
Short on Test and Reject | Long on Test and Accept
35750 34605-34275
32695 31657
Price Volume Analysis:
Weekly: Lower vol wide spread up bar = possible weakness
Daily: Higher vol wide spread up bar = possible weakness
Like and follow if you find this useful.
Have a profitable trading week.
*For education purpose only.
Welcome myself back from holiday!
Some selling into higher prices, so will watch reaction to 24605-34275
area.
Possible scenario:
1) Short if 34605-34275 is rejected again
2) Higher low toward previous resistance, for long on retracement.
Retracement down bars need to be on lower volume for this to happen.
Price Reaction Levels:
Short on Test and Reject | Long on Test and Accept
35750 34605-34275
32695 31657
Price Volume Analysis:
Weekly: Lower vol wide spread up bar = possible weakness
Daily: Higher vol wide spread up bar = possible weakness
Like and follow if you find this useful.
Have a profitable trading week.
*For education purpose only.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.