Showcase: Upward Trend in e-mini Dow (5mins chart, 22-07-04)

1. Price was on the uptrend with the low getting higher and price increase accompanied by increase in volume.

2. Entered Long with a wider SL but TP @ next Resistance level.

3. Will share the outcome of the trade in the comment.

הערה:

Our Stop Loss got hit as expected. Price went lower with decreasing volume. The pennant shape was prematurely assumed.