theboyCODY

Dow Jones/US30 potential Longs

This market has been ranging for a few days now and I just spotted that a new SUPPORT structure has formed and price has been respecting that level. Following our basic principles of market structure we know that we BUY at the SUPPORT and we SELL at the RESISTANCE. Price is most likely to hit our Support structure which will be our Execution point to the upside and we looking to take profits just before the Resistance area.

Penafian

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