Dow Jones Long Trade Idea

I'm focusing adding some more long trades on the lower price range level, Friday provided equal lows which I'm anticipating to be the target first and then could see expansion to the upside from the lower price level. As always looking for adding positions on a lower time frames if we see reaction at these levels. We'll see how it plays out through the week.

Yorum:

Friday equal lows have been run as expected to the script, I was anticipating a deeper run, we might see another push to indicated level during the New York session, if not I'll be looking at a set-up to go long and target yesterday high first and then previous all-time high.

Yorum:

We saw a nice reaction from the lower level as indicated, now let's wait to see if the level provides a set up to add new long trade.