Risky Long Setup on Dow Jones Ahead of FOMC – Wait for Confirmat
Potential Risky Long Setup
If the price breaks and holds above 41,160, a risky long position could be considered. This path is illustrated with the blue line on the chart.
For a more reliable entry, we need to see the market retest the 41,392 level once more. If we get a third reaction from this level, we’ll wait for a clear trigger to go long. This potential setup is shown with the orange line on the chart.
📅 This analysis is conditional on FOMC news aligning with the overall trend of the market.
🧠 All scenarios reflect the thoughts of a risk-taking trader – remember, nothing is impossible in the market!
#DowJones #DJI #FOMC #TechnicalAnalysis #RiskyTrade #PriceAction #Forex #TradingView #MarketAnalysis #LongSetup #BreakoutTrade #DOW #US30
If the price breaks and holds above 41,160, a risky long position could be considered. This path is illustrated with the blue line on the chart.
For a more reliable entry, we need to see the market retest the 41,392 level once more. If we get a third reaction from this level, we’ll wait for a clear trigger to go long. This potential setup is shown with the orange line on the chart.
📅 This analysis is conditional on FOMC news aligning with the overall trend of the market.
🧠 All scenarios reflect the thoughts of a risk-taking trader – remember, nothing is impossible in the market!
#DowJones #DJI #FOMC #TechnicalAnalysis #RiskyTrade #PriceAction #Forex #TradingView #MarketAnalysis #LongSetup #BreakoutTrade #DOW #US30
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.