Dow Jones Triangle + Head and Shoulders? [2-hr chart]
Hi everyone,
Just a practice post with a useful idea or two to start what I hope to be a venerable series of posts for years to come. I hope my ideas are rewarding for readers and everyone involved.
I will publish ideas that myself and others are acting on with personal and professional money alike at or near real-time.
I apologize for the brevity and simplicity of this post; I plan to publish more wholesome analysis in the future as time allows and if my ideas are helpful to people, I intend to incorporate time into my day as needed to routinely and frequently share valuable thoughts.
Thanks in advance for lending me your attention!
What I wanted to point out for my first practice post are two features on the DJI Dow Jones Industrial chart tracing out as of 3/21:
1) The big triangle myself and others have noticed on the 2-hour chart (also prominently visible across multiple time frames), and
2) A head-and-shoulders pattern tracing out, resolutely visible on the 2-hour chart.
Thank you for reading!
Please like, follow, and share, and maybe we can have fun and do great things together. I will work to publish deeper, more thoughtful write-ups from here on out.
Thanks again!
Holst
** This post does not represent any recommendations and is intended only for speculative and research purposes **
Just a practice post with a useful idea or two to start what I hope to be a venerable series of posts for years to come. I hope my ideas are rewarding for readers and everyone involved.
I will publish ideas that myself and others are acting on with personal and professional money alike at or near real-time.
I apologize for the brevity and simplicity of this post; I plan to publish more wholesome analysis in the future as time allows and if my ideas are helpful to people, I intend to incorporate time into my day as needed to routinely and frequently share valuable thoughts.
Thanks in advance for lending me your attention!
What I wanted to point out for my first practice post are two features on the DJI Dow Jones Industrial chart tracing out as of 3/21:
1) The big triangle myself and others have noticed on the 2-hour chart (also prominently visible across multiple time frames), and
2) A head-and-shoulders pattern tracing out, resolutely visible on the 2-hour chart.
Thank you for reading!
Please like, follow, and share, and maybe we can have fun and do great things together. I will work to publish deeper, more thoughtful write-ups from here on out.
Thanks again!
Holst
** This post does not represent any recommendations and is intended only for speculative and research purposes **
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.