US STOCKS taking a respite following fall
On US100 4hr demand valley is in control @ 13103.67 and price is retesting bottom trendline acting as support even though price broke out in the hourly chart on higher timeframes failed to yet close below it.
I am long with targets at 4hr supply peak @ 13930.50 which has an hourly supply nested within it , with stops just below recent low giving me a risk reward of 1:3.8
Price has been in a decline for some time this may well be a retracement for a further move to the downside.
"You ought to know how to rise above the trivialities of life, in which most people are found drowning themselves."
-D.T. Suzuki.
I am long with targets at 4hr supply peak @ 13930.50 which has an hourly supply nested within it , with stops just below recent low giving me a risk reward of 1:3.8
Price has been in a decline for some time this may well be a retracement for a further move to the downside.
"You ought to know how to rise above the trivialities of life, in which most people are found drowning themselves."
-D.T. Suzuki.
Trade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.