us30 long

13 de dez. de 2021

By analyzing the 4 hour time frame, you can see the market came back to the 35800 level into the institutional candle. It seems to have accumulated some money and has and institutional candle below it. My buying zone would be the wicks not the institutional which also happens to be on the 35600 level perfectly, If the candle closes below the wick I'll take it as a bearish sign and close the trade. But I wont close until I see the 4hr close if it does reach my area. The risk is very minimal with stop loss below lows. I will be taking partial at a 1 to 5 risk