US30USD YM1! DOW 2022 AUG 15 Week
Last week market reached previous supply zone.
Long on retracement continues still preferred
Possible scenarios:
1) Continue of upward momentum for long on retracement
2) Short on rejection at channel supply
Price reaction levels
Short on Test and Reject | Long on Test and Accept
34807 34027 33205
Weekly: Ave vol up bar = minor strength
Daily: Ave vol up bar = minor strength
H4: Ave vol up bar = minor strength.
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Have a profitable week ahead.