FX:US30   Index of top 30 shares on Wall Street
210 6 5
snapshot

As mentioned on chart we are out of up trend channel and just above demand zone below the price, Supply zone above the price is not far away which is making the price range bound.

If price closes below demand zone then we may witness a sharp fall in near future.


Trades according to given zones are mentioned on chart.

Related Ideas

Price touched the demand zone and bounced
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hpspain
2 months ago
Te problem for the DOW is raising Interest Rates affect negatively to most companies. I expect a 5% drop next 2 weeks.
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dhananjay.d.joshi PRO hpspain
2 months ago
@hpspain, yes it may, all i am saying is even if there is going to be a fall then price will show that. :-)
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ahmetnmsl
2 months ago
Hello. are you still in the trade ? Price would go to 19400 , your target ? Thanks
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dhananjay.d.joshi PRO ahmetnmsl
2 months ago
@ahmetnmsl, what i do is different than waiting for target, trail your stops on half hourly or hourly chart. Which helps to maximize the profit.
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Target Hit.. in yesterdays trading session, now lets wait for next move
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