Dow Jones (US30):๐ดIs it bearish..?!๐ด
Hello trader
By examining Dow Jones on the weekly and 4-hour chart we can figure out the chart is bearish and there is sell-side liquidity that can be defined as targets for smart money.
In this chart, the price failed to create an all-time high and dropped, the price made the bearish breaker and respected it and shifted the market structure.
Now we can see the bearish order block with bearish FVG that makes an important resistance, If the price reaches this zone we can look for a sell position in a lower time frame.
๐กWait for the update!
๐๏ธ27/05/2024
๐ DYOR
๐It is my honor to share your comments with me๐
By examining Dow Jones on the weekly and 4-hour chart we can figure out the chart is bearish and there is sell-side liquidity that can be defined as targets for smart money.
In this chart, the price failed to create an all-time high and dropped, the price made the bearish breaker and respected it and shifted the market structure.
Now we can see the bearish order block with bearish FVG that makes an important resistance, If the price reaches this zone we can look for a sell position in a lower time frame.
๐กWait for the update!
๐๏ธ27/05/2024
๐ DYOR
๐It is my honor to share your comments with me๐
ืขืกืงื ืกืืืจื: ืืืขื ืืืฉื:
The price reached our target without us.
I hope you use this TA.
I hope you use this TA.
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