This is how I am looking at dow jones for the week ahead and beyond. As per last week's analysis, price made it to daily demand. I was looking to long from there so the plan now is to validate this zone for longs.
First TP will be in H4 supply and if that breaks price will get to weekly but we know it won't be moving in a straight line so prepare for those pullbacks.
However if price gets rejected in H4 supply and eventually breaks daily demand then the plan changes altogether and we will be seeing new lower lows. Always prepare for both scenarios.
All the best this coming week. Have a pipful one :)
First TP will be in H4 supply and if that breaks price will get to weekly but we know it won't be moving in a straight line so prepare for those pullbacks.
However if price gets rejected in H4 supply and eventually breaks daily demand then the plan changes altogether and we will be seeing new lower lows. Always prepare for both scenarios.
All the best this coming week. Have a pipful one :)