US Wall St 30
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US30 BUY

CONFIRMATIONS

- ***Ive already made my profits for the week, this trade is to keep myself sharp since I haven't traded this index is a while. The issue with this trade is that price can push up before it goes to my entry! Just a disclaimer***

- US30 is officially in a uptrend, I'm waiting for sellers to sell out and exhaust a candlestick so I can look for an entry on my 1HR time frame. I drew up this chart on the 1HR time frame as well.

- 8/3/22 is when the ISM Services PMI will be released which is a leading indicator of economic health. Also Monthly factory orders will be released.

- 8/5/22 is when the unemployment rate, average hourly earnings & unemployment rate will be released.

- Waiting for a shooting star candlestick or a inverse hammer.

- Waiting for price to hit my fib at 61.8%(32091.3)

- Risk/Reward Ratio 2:1

- Stop Loss at 31497.8

- Take Profit at 33350
Chart PatternsFibonacci RetracementTechnical IndicatorssupportandresistancezonesTrend Analysis

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