DJ30 in H1 consolidation / Support Resistance Deviations

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I will try to go for buys, when price reaches the hourly floor. We have an Intraday zone above and hourly resistance beneath.

Careful, the top is still dominant. Use RSI to get an entry, if you buy, wait until it has hit the floor 2 or 3 times and shows clear momentum upwards (candle close with few pip distance from zone means rejection, candle close touching zone various times means acceptance and might rather break the zone)

Use 200 pip SL today and RSI for fine tuning of entry.


Note to zones: You see that support and resistance are a little deviated from each other. This is always the case, buyers show support at the floor support zone, while the higher support zone is currently not active at all. This is why we only see clear resistance at the top.

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