4H momentum broken on US30USD with removal of one demand zone, today's move erased previous day's gains.
To hop back on the trend, I anticipate a retrace back down to 23078 for the next leg up (daily demand zone) if the Dow has any more steam left.
As always, don't risk more than 2% per trade and set your stop losses to protect yourself. Also remember, this business is probabilistic not personal or absolute in any way.
To hop back on the trend, I anticipate a retrace back down to 23078 for the next leg up (daily demand zone) if the Dow has any more steam left.
As always, don't risk more than 2% per trade and set your stop losses to protect yourself. Also remember, this business is probabilistic not personal or absolute in any way.