US30 - Buying Opportunity @ 16000
Trade reasons:
- Testing uptrending channel support at approx 16000
- Testing 100sma channel low at 15985
- In the 38.2%-50% retracement area of the previous up swing 16064-15925
- 15995 the monthly pivot that could act as support
Trade on tight leach below 16000, because daily 200sma channel could be the next valid support area in the 15700-15600 area, and another more significant daily dip buying area / opportunity.
So far, I'll use the 15995 monthly pivot as S/R with 25/50 points stops
Trade target -> A new high above 16512
- Testing uptrending channel support at approx 16000
- Testing 100sma channel low at 15985
- In the 38.2%-50% retracement area of the previous up swing 16064-15925
- 15995 the monthly pivot that could act as support
Trade on tight leach below 16000, because daily 200sma channel could be the next valid support area in the 15700-15600 area, and another more significant daily dip buying area / opportunity.
So far, I'll use the 15995 monthly pivot as S/R with 25/50 points stops
Trade target -> A new high above 16512
Trading success is not going to be entering winning trades, but how you exit your losing trades.
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.
Trading success is not going to be entering winning trades, but how you exit your losing trades.
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.