YM1! US30USD DOW 2023 APR 03 WEEK

1 апр. 2023 г.

YM1! US30USD DOW 2023 APR 03 WEEK

Price was marked up on low volume =
possibility of trapping longs. Keep your stops tight
if you are holding long positions.

Possible scenarios:
1) Sell if False break of 33590, test and reject of
recent high
2) Long on test and accept of 32595 // 33590

Volume Analysis:
Weekly: Low vol up bar close off high =
possible selling, trapping longs
Daily: Wide spread low vol up bar close off high
= possible selling, trapping longs

Price reaction levels
Short on Test and Reject | Long on Test and Accept

35228 34605 33590
32595 31657

Remember to like and follow if you find this useful.
Have a profitable week ahead.