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US30 ANALYSIS 15 - 19 FEB

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ANALYSIS
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DAILY TF: BULLISH ENGULFING
4HR TF: IN A CONSOLIDATION PHASE

PLAN OF ACTION
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- WAIT FOR RETRACEMENT/ CORRECTION PHASE ON THE 1HR TF TO COMPLETE BEFORE TAKING BUYS BASED ON DAILY TF BIAS
- IF OPPORTUNITY PRESENTS ITSELF, WE CAN TAKE THE ANTI-TREND SELLS TRADES



ENTRY REASON
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- BREAK OF CORRECTION PHASE

STOP LOSS @ TO BE DETERMINED AFTER CORRECTION

TAKE PROFIT @ NEXT ZONE
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