US30 Analysis 01/03/22
Price is currently in a 338 point range. You could try to trade in this range but I will not because the price is too choppy and will be too difficult to trade. I think price will range throughout most of January.
The reason why I will wait for a break below 36245 is because the candles to the left are not ranging but are clean moves straight down.
And a breakout for bulls is not favorable because price will be creating an all time new high and there is no way to identify a TP. If it breaks out I will wait for a pullback before entering for a trade.
For now I don't see any trades for my trading plan.
The reason why I will wait for a break below 36245 is because the candles to the left are not ranging but are clean moves straight down.
And a breakout for bulls is not favorable because price will be creating an all time new high and there is no way to identify a TP. If it breaks out I will wait for a pullback before entering for a trade.
For now I don't see any trades for my trading plan.
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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.