masterthemarkets2010

Is US30 low at 34024 going to hold and confirm weekly bottom?(3)

Long
CAPITALCOM:US30   Dow Jones Industrial Average Index
We have entered this trade on 4h confirmation bar and it went onto confirm the bottom on the daily timframe. However, the weekly bottom is yet to confirm. For it to go further higher and have a higher probability to confirm the weekly bottom, it has got to make a second higher bottom and take out the last swing high as shown in the image. Let's see how the trade plans out according to our smart money framework indicator.

US30(Long)

E - 34607
SL - 34023
T - To be confirmed(TBC)

We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.

Previous chart reference image:

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