Anticipating further downside pressure as DOW struggles @ 17,523-08 resistance zone, a close above this zone invalidates the set-up.
Weary of the DTL break 17,489 could indicate bullish momentum. As a result I'm risking 1% with a tight stop.
Target 1 - 17,453
Target 2 - 17,166
Daily chart is looking very bearish, Daily support has been broken and Daily Ma's have crossed to the downside. Expecting any bullishness to be lack luster, hence adding to my short bias.
Happy Trading,
Chartster
Weary of the DTL break 17,489 could indicate bullish momentum. As a result I'm risking 1% with a tight stop.
Target 1 - 17,453
Target 2 - 17,166
Daily chart is looking very bearish, Daily support has been broken and Daily Ma's have crossed to the downside. Expecting any bullishness to be lack luster, hence adding to my short bias.
Happy Trading,
Chartster
註釋
It seems my concerns became a reality, the TL break was enough to move prices higher eventually. Closed trade 10 pips before SL; I knew it was risky hence the reduced risk.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。