4H momentum broken on US30USD with removal of one demand zone, today's move erased previous day's gains. To hop back on the trend, I anticipate a retrace back down to 23078 for the next leg up (daily demand zone) if the Dow has any more steam left. As always, don't risk more than 2% per trade and set your stop losses to protect yourself. Also remember, this...
Price moved to the initial supply level, which looks like the ultimate " gap fill " of this complex pattern. Cautious short possible, or wait for confirmation ( see level on chart ).
Hi,traders!I hold a point:Good charts does not more words to explain! Good luck!
First time posting a forex chart. I think we're going to follow the same pattern as 2 months ago, another cycle begins after rsi and macd reset.
Close below 19700 will be very bearish sentiment. Next support at 18650-18700
Open a deal of the century iti is a new historical maxima