H1 Accumulation on DJ30
Generally from an intraday perspective, accumulations are often dominated by greed and take longer than distributions, where fear is the emotion that rules the price.
If you find a good Entry for buys at the bottom or 0.5 of the range, it can be a good indication for continuation.
Take a feel on the market, if it doesn't break the range tonight, it will most probably tomorrow.
If you find a good Entry for buys at the bottom or 0.5 of the range, it can be a good indication for continuation.
Take a feel on the market, if it doesn't break the range tonight, it will most probably tomorrow.
Note
My last trade today. Its not the best day, but I want to give it a shot.Entry around 38859.40
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Second trade worked out. Dont forget to set BENote
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Took one more time to shoot...
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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.