US30_High_Probability_Continuation_Shorts
US30 [Dow Jones Industrial Average]
WTF
- Bearish in Structure, WTF Closing Bar as a DOJI after 3 week Trading range
- Using the Linechart, PA has not closed above and traded above the Previous High
- High Probability that PA to continue Shorts for another Trading Week
DTF
- Current PA trading in a DTF Trading Range, PA closed above the DTF Swing Range High but currently trading below as LTF PA is Bearish n Structure having found Resistance, and is currently creating LL/LH's
- It has t be noted that PA on the LTF wicked the DTF_CHOCH with a 2 Candle Pullback
- Overall PA indicative of an H&S, completion of the Pattern requires PA to close and trade below the DTF_BOS
H4
- Current PA is Bearish in Structure in noting that H4 is in High Probability Pullback
- PA found resistance @ Area of Supply with the closing Bar closed as a Bearish Inside Bar - High Probability that Price will retest the Previous H4 LOW'
- PA is trading in a Rising Wedge, a break below and a retest a could possibly push for the completion of the DTF H&S Charting Pattern
WTF
- Bearish in Structure, WTF Closing Bar as a DOJI after 3 week Trading range
- Using the Linechart, PA has not closed above and traded above the Previous High
- High Probability that PA to continue Shorts for another Trading Week
DTF
- Current PA trading in a DTF Trading Range, PA closed above the DTF Swing Range High but currently trading below as LTF PA is Bearish n Structure having found Resistance, and is currently creating LL/LH's
- It has t be noted that PA on the LTF wicked the DTF_CHOCH with a 2 Candle Pullback
- Overall PA indicative of an H&S, completion of the Pattern requires PA to close and trade below the DTF_BOS
H4
- Current PA is Bearish in Structure in noting that H4 is in High Probability Pullback
- PA found resistance @ Area of Supply with the closing Bar closed as a Bearish Inside Bar - High Probability that Price will retest the Previous H4 LOW'
- PA is trading in a Rising Wedge, a break below and a retest a could possibly push for the completion of the DTF H&S Charting Pattern
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