Long
DOW JONES MOON ENERGY??
Hi Traders,
I'm taking a look at US30 (Dow Jones) Price has broken into a new range on the 27th of May and has been able to remain above. We can also see that price has been respecting the support this far.
If the support is able to hold we could find long positions on the pair. I would like to see more rejection of newfound support before I will be entering a buy.
If price is able to push above and start showing strong bullish signs I will be long till 33465.
at that point, I will secure 90 % of my positions and leave 10% to run.
Remember, Price does not have to do anything, We can only react to what price has done.
Happy Trading
Renaldo Philander
I'm taking a look at US30 (Dow Jones) Price has broken into a new range on the 27th of May and has been able to remain above. We can also see that price has been respecting the support this far.
If the support is able to hold we could find long positions on the pair. I would like to see more rejection of newfound support before I will be entering a buy.
If price is able to push above and start showing strong bullish signs I will be long till 33465.
at that point, I will secure 90 % of my positions and leave 10% to run.
Remember, Price does not have to do anything, We can only react to what price has done.
Happy Trading
Renaldo Philander
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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.