US30 trade ideas
Dow JonesMost of the indexes worldwide behave in similar manner most of the time.
Price is trending in an upward channel and now it is at support.
34520 - 34600 is a crucial zone in deciding the direction.
If price took support, then we can expect it to move towards 34680, 34760 and 34820.
If price gains bearish strength, then it will fall towards 34460 and 34360.
Price will pick the direction and the trader will follow it. What type of trader are you?
Give a like if you like Dow Jones.
Daily close Stop loss 31633 with a target of 38402BULLS !! Are we ready to climb the wall of worries. Daily close Stop loss 31633 with a target of 38402.
2023/08/25 US30 2H Chart!I hope everything is clear from my picture.
Risk to reward look nice
Type: Day trade
Risk 1%
The analysis is provided for educational purposes only and does not constitute financial advice.
Please be aware of the potential risk of loss before making your own trading decision.