I don't normally trade the US30, but I would like to start exploring this indices and the large moves it tends to make.
I have marked out my major levels as my monthly support and resistance.
Currently we are approaching resistance of this downward sloping trend line, but if we break through there could be some room to run higher based on the technicals of this pattern.
I would be open to the idea of a pullback to the 200ma before pushing through. Alternatively a push through, and confirmation of breakout before moving higher. That could be a good long trade.
Major levels of resistance above us including the CC golden pocket, and several monthly levels. If this move up, I would consider a good TP at 34,400 - 34,600.
I would then expect a pullback, before potentially breaking through the huge wall above which can bring us higher and execute the wedge breakout.
What are your thoughts?
I have marked out my major levels as my monthly support and resistance.
Currently we are approaching resistance of this downward sloping trend line, but if we break through there could be some room to run higher based on the technicals of this pattern.
I would be open to the idea of a pullback to the 200ma before pushing through. Alternatively a push through, and confirmation of breakout before moving higher. That could be a good long trade.
Major levels of resistance above us including the CC golden pocket, and several monthly levels. If this move up, I would consider a good TP at 34,400 - 34,600.
I would then expect a pullback, before potentially breaking through the huge wall above which can bring us higher and execute the wedge breakout.
What are your thoughts?
Dagangan aktif
Dagangan ditutup: sasaran tercapai
200 PIPS just like thatDagangan aktif
Order placed at exact target $33,850 and what a bounceDagangan ditutup secara manual
There is some liquidity above, which we may even see a move too. But I would only be willing to let a portion of the trade ride at this point ie. 10% of the original trade. You might get a pop up further to approx $35,200, but there is potential the market could just reverse from here too. 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.