YM1! US30USD DOW 2023 June 12 Week
YM1! US30USD DOW 2023 June 12 Week
No change to previous analysis, observing reaction to 34605-34275 area. Last Friday's up bar
showed significant weakness.
Possible scenario:
Short if 34605-34275 is rejected again
Reason:
Higher low toward previous resistance, on reducing volume.
The professionals may engineer a false break to suck in traders unaware of the weakness.
We shall wait to short on rejection of recent high.
Price Reaction Levels:
Short on Test and Reject | Long on Test and Accept
35750 34605-34275
32692 31657
Price Volume Analysis:
Weekly: Ave vol up bar = NTC
Daily: Ultra low vol up bar close off high = significant weakness
Like and follow if you find this useful.
Have a profitable trading week.
*For education purpose only.
No change to previous analysis, observing reaction to 34605-34275 area. Last Friday's up bar
showed significant weakness.
Possible scenario:
Short if 34605-34275 is rejected again
Reason:
Higher low toward previous resistance, on reducing volume.
The professionals may engineer a false break to suck in traders unaware of the weakness.
We shall wait to short on rejection of recent high.
Price Reaction Levels:
Short on Test and Reject | Long on Test and Accept
35750 34605-34275
32692 31657
Price Volume Analysis:
Weekly: Ave vol up bar = NTC
Daily: Ultra low vol up bar close off high = significant weakness
Like and follow if you find this useful.
Have a profitable trading week.
*For education purpose only.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.