masterthemarkets2010

Is US30 low at 34024 going to hold and confirm weekly bottom?(4)

Long
CAPITALCOM:US30   Dow Jones Industrial Average Index
We have entered this trade on 4h confirmation bar and it has now gone onto confirm the 2nd bottom on the daily timframe. The weekly potential bottom is still holding. For it to have a higher probability to confirm the weekly bottom, it has now got to take out the last swing high as shown in the image. Let's see how the trade plans out according to our smart money framework indicator.

US30(Long)

E - 34607
SL - 34023
T - To be confirmed(TBC)

We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.

To understand our ideas and videos better,we highly recommend watching our following stream videos:

1.Trader Starter Pack 5 day video course
Look on our channel profile or at our signature section to access it
2.7 steps to achieve consistent trading performance
www.tradingview.com/streams/CYoTRc9HCd
3.7 steps for strategy construction
www.tradingview.com/streams/uVszSV1Eyv

Trader Starter Pack (5-day video course): masterthemarkets1.ontraport.com/tl/128
To book a 1-1 session with our trader coaches: masterthemarkets1.ontraport.com/tl/129
To find out more about Smart Money indicator: bit.ly/3OF5r5N
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.