Update #DowJones
On the daily timeframe, it is moving within an ascending channel and has formed two peaks without being able to continue rising.
On the 4-hour timeframe, it is forming a diamond reversal pattern, but we need confirmation or a signal for a downward move.
It is not suitable for trading at the current time we are waiting for confirmation to buy or sell.
ALSEIF
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ALSEIF
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.