Dow Jones has formed a Triangle pattern on the 4H timeframe with the technical outlook primarily bullish (RSI = 63.320, MACD = 81.030, ADX = 45.324) as the rise in the past 7 days has been very aggressive. We will take a short term trade on Dow following the breakout outside the Triangle.
Over it, we will buy and target the dotted HH trendline (TP = 34,800) while under it we will sell and target the 4H MA50 (TP = 34,250).
Prior idea:
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Over it, we will buy and target the dotted HH trendline (TP = 34,800) while under it we will sell and target the 4H MA50 (TP = 34,250).
Prior idea:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
I trade Crypto, Forex, Indices & Commodities all from one account on PrimeXBT with TradingView charts
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Contact me for Account Management (+15% monthly profit)
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Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
I trade Crypto, Forex, Indices & Commodities all from one account on PrimeXBT with TradingView charts
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Register here👉 investingscope.s.gy/PrimeXBT
Contact me for Account Management (+15% monthly profit)
Telegram👉 t.me/investingscope
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.