Short
US30 DowJones Market Short
Market Analysis Process( Please take note that this market analysis is from an newbie trader bare with me)
Step 1 - Identify Significant market level(support/ resistance)
Step 2- Identifying Key levels and trends on market on the 4H,1H,30M
Step 3 - Identifying market possibilities /Opportunities
Conclusion
Current price action indicates that the market is respecting a significant key level resistance therefore once the market fails to break resistance the momentum would be in the Bears favor and head down creating a short opportunity this conclusion was reacted on my knowledge of the Triangle step up
Step 1 - Identify Significant market level(support/ resistance)
Step 2- Identifying Key levels and trends on market on the 4H,1H,30M
Step 3 - Identifying market possibilities /Opportunities
Conclusion
Current price action indicates that the market is respecting a significant key level resistance therefore once the market fails to break resistance the momentum would be in the Bears favor and head down creating a short opportunity this conclusion was reacted on my knowledge of the Triangle step up
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.
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.