US30USD YM1! DOW 2022 JAN 17
Last week's scenario 1 and 2 trades were good.
Preference is to long on pullback.
Considering Weekly and H4 weakness, preference to short on
retracement.
Possible scenarios play out provided.
Short on Test and Reject | Long on Test and Accept
37760 36960
36806 36390
36120 35882
35521 35164
34894 34547
33927 33383
Weekly: Average volume down bar closing off low = some
strength
Daily: High volume down bar closing in middle = some strength
H4: UHV down bar followed by up bar = strength
Remember to like and follow if you find this useful.
Have a profitable week ahead.
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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.