CharlesSankara

Sankara’s 🧠: Bear 🐻 Cave Update: US30/Dow

Long
CURRENCYCOM:US30   Dow Jones Industrial Average Index
If you're like me, you've been surfing down the wave in the overnight session. Will we be surfing down to 25800? Or is this a ”false-false breakdown?”
Bearishness sideways corrections aren't new, Will the Fed support the market again today? Or run stops our even lower?

My Plan?

Hold Long existing positions over 26700 - TP 27800
Hold Short existing positions under 25500 TP 23500
Rip n Dip in the range in between 25800-26700
Use profit to cover long pos. (shorts are already covered up to 27400)
Look for confirmation price flagging the trend channel on the chart before ripping n dipping up or down according.

Today is an easy Intraday money maker. In either direction. Entering in and out 20/30 points time. Rinse repeat.

Stay safe and profitable.

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Disclaimer⛔️:

Please do NOT use my ideas as the basis for any financial investment.
This content is time, price and market sensitive and intended for educational purposes only.
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Bio 🅱️:

Charles Sankara
Day Trader
London 🇬🇧
Ochie Rios 🇯🇲
Mombasa 🇰🇪
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