FX:US30   Dow Jones Industrial Average Index
Hello Guys US30 my Long Term is on the up side.
- I can see Price moving up as the liquidity on the downside is taken out.
- Potentially breaking the weekly highs.
- Price is imbalance as there are unfilled orders
- Price need to make a new Potential Support at 24200 and then making it way up
- Aiming for 25600
- Risk to Reward 1:10

If you are going to be in this trade then risk appropriately.
Goodluck! Lets bang this trade

Comments

are you going to wait for price to reach the 0.5 fib level or are you going to take a trade at the potential support level. Thanks!
+2 Reply
Skrrace lewiswillitt
@lewiswillitt Hiya, I would personally wait for 0.5fib as it is more safer to enter but you can enter from the potential support level but then you have to increase ur Stop loss to be safer
Reply
@Skrrace, thankyou for you reply, i am going to wait for price to reach the 0.5 fib retracement level as we all know US30 can do whatever the hell it wants, lol. thanks alot
Reply
Skrrace lewiswillitt
@lewiswillitt, No Worries, I would do the same as there are some unfilled orders and also looking at 4 hour trend is still down (lower highs). Furthermore, 0.5 fib level is the 0.618 fib level for our Target so it very strong area for potentially buy. Just make sure your risk management is good and goodluck.
Reply
@Skrrace, will do, thankyou
Reply
Skrrace lewiswillitt
@lewiswillitt also like I said the (potential support level) the price already rejected from there
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yasirkhalil304 lewiswillitt
Hello sir US 30 will go up or down on next week starting because today I have put lot on sell from 24340 and now it’s current is 25510 so tell me can I close or not
Reply
yasirkhalil304 lewiswillitt
Reply
Skrrace lewiswillitt
@yasirkhalil304 firstly don’t trade on Friday or leave any trade running over weekend unless your in big profits and I personally see it coming to my 0.5 however it could go up from the potential support so not sure atm but let’s see how the market open and from then you can decide when to open
Reply
Skrrace lewiswillitt
Close*
Reply
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