theEdger

US30 LONG ON DAILY TF

Long
theEdger Updated   
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Market tanked from the anticipated supply / OB / Retail resistance.
We are waiting for the price to come to our demand / Bullish OB / Support.

The market has huge momentum towards the downside, however if in the coming week we see a decrease in volatility and the market goes to the OB and the market might respect out entry level.

However, if this activates i recommend to always make the position risk free at 1:1 RR.

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