Get started
Sphinx_Trading

US30: 33K liquidity grab to 32k (+1000 pips)

Short
Dow Jones Industrial Average Index (PEPPERSTONE:US30)  
Sphinx_Trading Updated   
PEPPERSTONE:US30   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Beyond Technical Analysis dowjones US30 sphinx_trading
26
0
trendanalysis chartpattern beyondta dowjones us30 sphinx_trading
- price break the last structure reaching 32500 as the lowest low.
- We can observe equal high at 33k and price already consolidating at it.
- A liquidity grab breaking 33k levels to 33100 seems logical.
- We may have a bearish move from 33100 to 32k demand zone.
Comment:
- Price broke 33k and reached our entry zone.
- 1h bullish closure below 33k with a long wick.
Comment:
- A big divergence formed at with the new high.
- 33200 as a extreme high.
Comment:
- Price broke 33200 as a max swing high for this analysis.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.