Deensesay

US30 Analysis & LIVE TRADE

Short
CURRENCYCOM:US30   Dow Jones Industrial Average Index

US30 is currently in an Uptrend on the Daily Chart when price rejected to close above the Daily Resistance Zone (34954 - 35121).

Counter Trend opportunity came on Friday when i saw 1,2,3 Engulfing Candle formation and then entered @the close of the candle with 4:1 R/R. First 3 TP levels achieved, last position still running!

Price is currently @ 4HR Support Zone (34660 - 34729) and potential counter trend opportunities on lower time frames if level isn't broken.

If 4HR support is broken, I'll be looking at the next Daily Support Zone (34101 - 34400) to find counter-trend opportunities.

4HR Support Zone (34660 - 34729)

Daily Support Zone (34101 - 34400)

Daily Resistance Zone (34954 - 35121)

SL- 108 Pips⛔️
TP1- 108 Pips✅
TP2- 216Pips✅
TP3- 324 Pips✅
TP4- 432 Pips✅

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