OANDA:US30USD   US Wall St 30
Looking at US30 we can see a clear uptrend, We saw a pullback on the 4 hour chart to the previously broken area. We have rejected this area and created a bullish engulfing candle. Took a late entry long @ 27624 at a retest of the consolidation zone on the lower time frame. Looking to hold this position up to the previous high, Depending on price action will determine whether I will hold the position longer with a possible outreach to the daily extension level -0.62%. Watch out for the marked areas.

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.