US30_High_Probability_Continuation_Shorts
US30 [Dow Jones Industrial Average]
WTF
- Bearish in Structure, WTF Closing Bar as a DOJI after 3 week Trading range
- Using the Linechart, PA has not closed above and traded above the Previous High
- High Probability that PA to continue Shorts for another Trading Week
DTF
- Current PA trading in a DTF Trading Range, PA closed above the DTF Swing Range High but currently trading below as LTF PA is Bearish n Structure having found Resistance, and is currently creating LL/LH's
- It has t be noted that PA on the LTF wicked the DTF_CHOCH with a 2 Candle Pullback
- Overall PA indicative of an H&S, completion of the Pattern requires PA to close and trade below the DTF_BOS
H4
- Current PA is Bearish in Structure in noting that H4 is in High Probability Pullback
- PA found resistance @ Area of Supply with the closing Bar closed as a Bearish Inside Bar - High Probability that Price will retest the Previous H4 LOW'
- PA is trading in a Rising Wedge, a break below and a retest a could possibly push for the completion of the DTF H&S Charting Pattern
WTF
- Bearish in Structure, WTF Closing Bar as a DOJI after 3 week Trading range
- Using the Linechart, PA has not closed above and traded above the Previous High
- High Probability that PA to continue Shorts for another Trading Week
DTF
- Current PA trading in a DTF Trading Range, PA closed above the DTF Swing Range High but currently trading below as LTF PA is Bearish n Structure having found Resistance, and is currently creating LL/LH's
- It has t be noted that PA on the LTF wicked the DTF_CHOCH with a 2 Candle Pullback
- Overall PA indicative of an H&S, completion of the Pattern requires PA to close and trade below the DTF_BOS
H4
- Current PA is Bearish in Structure in noting that H4 is in High Probability Pullback
- PA found resistance @ Area of Supply with the closing Bar closed as a Bearish Inside Bar - High Probability that Price will retest the Previous H4 LOW'
- PA is trading in a Rising Wedge, a break below and a retest a could possibly push for the completion of the DTF H&S Charting Pattern
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.