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mdalifalwi

Showcase: Upward Trend in e-mini Dow (5mins chart, 22-07-04)

Long
E-mini Dow Jones ($5) Futures (CBOT_MINI:YM1!)  
mdalifalwi Updated   
CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
Trend Analysis Chart Patterns Technical Indicators VSA volumespreadanalysis wyckoff tomwilliams tradevsa futures CME emini ym
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trendanalysis chartpattern indicator vsa volumespreadanalysis wyckoff tomwilliams tradevsa futures cme emini ym
1. Price was on the uptrend with the low getting higher and price increase accompanied by increase in volume.

2. Entered Long with a wider SL but TP @ next Resistance level.

3. Will share the outcome of the trade in the comment.
Comment:
Our Stop Loss got hit as expected. Price went lower with decreasing volume. The pennant shape was prematurely assumed.

snapshot

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