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MrLegacyShift
Nov 12, 2021 2:11 PM

US30/Dow Jones Long opportunity Long

US Wall St 30OANDA

Description

Price has created a W formation giving indication that price could be ready to continue its move to the upside
I will be waiting for a break close and retest taking this up to the next zone
I would find my entry on the low time frame looking for microstructure breaks

London session retested order block at yesterdays low and has been following order taking out previous short term lows

A few targets in mind
1. Yesterdays high
2.Wednesday H1 OB (most likely next week)
3.Monday high

Comment

Just before market closes for the weekend we got the break and rest for the buy now thats what we call a perfect entry.

Lets see what next week holds
Comments
UnknownUnicorn14696900
Great analysis! Thanks for sharing.
MrLegacyShift
@mattbuyahouse, You are welcome stay tuned this week
UnknownUnicorn14696900
@MrLocs, ✔️
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