Long
US30 Correction
All the reasons we could expect the correction in Dow Jones. There all multiples confluences that supports this idea
1.The price has took the liquidity from previous low. The price has strongly rejected the zone
2.The price is also too extended. When price is over extended the immediate action that we could expect form price is a correction.
3. The Most important reason is that if we look at
SPX and 
NAS100USD which are strongly correlated to$CURRENCYCOM:US30, they did not take the liquidity form the previous low. This situation is telling us that the us30 was taking liquidity because the other correlated asset did not make the move to the low of the previous low.
1.The price has took the liquidity from previous low. The price has strongly rejected the zone
2.The price is also too extended. When price is over extended the immediate action that we could expect form price is a correction.
3. The Most important reason is that if we look at
SPX and NAS100USD which are strongly correlated to$CURRENCYCOM:US30, they did not take the liquidity form the previous low. This situation is telling us that the us30 was taking liquidity because the other correlated asset did not make the move to the low of the previous low.Trade fermée manuellement
Trade fermée: cible de profit atteinte
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.