This could be a Triple Top pattern..!
Dow Jones creates a pattern that could be even a Triple Top pattern or a sideways since May 10th.
Best plan could be hold at this stage and wait for reaction to support and resistance level.
Scenario 1: Triple Top: move fast toward support level and cross it with powerful candle (s)
Scenario 2: sideways: could stay between the support and resistance level for an unknown time.
Best plan could be hold at this stage and wait for reaction to support and resistance level.
Scenario 1: Triple Top: move fast toward support level and cross it with powerful candle (s)
Scenario 2: sideways: could stay between the support and resistance level for an unknown time.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.