Timonrosso

TRADE UPDATE US 30 - On track to the target of 35,714

Long
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Reverse Cup and Handle formed on US 30.
The price broke above the brim level and consolidated for a while before breaking up.
Now that we had the push up, we can expect the price to continue up.
7>21>200
RSI>50
Target 35,714

SMC:
Sell Side Liquidity Order Block is below the Handle of the Reverse Cup and Handle as you can see Smart Money swept selling liquidity, which pushed the price up.
We are on the right side of the market.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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