DOW JONES broke above the Falling Resistance. First buy signal.
Dow Jones broke above the Falling Resistance for the first time in 2 weeks.
The is the first bullish signal since the Triple Bottom but has the Pivot Zone 1 and the MA200 (4h) to overcome.
Trading Plan:
1. Buy as this is a major bullish break out supported by the MA50 (4h).
Targets:
1. 33300 (Fibonacci 0.618).
Tips:
1. The RSI (4h) is on a Rising Support. In the past month, two similar technical structures ended up with a blow-off rise, even when in a downtrend.
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Notes:
This is a continuation of this trading plan:
The is the first bullish signal since the Triple Bottom but has the Pivot Zone 1 and the MA200 (4h) to overcome.
Trading Plan:
1. Buy as this is a major bullish break out supported by the MA50 (4h).
Targets:
1. 33300 (Fibonacci 0.618).
Tips:
1. The RSI (4h) is on a Rising Support. In the past month, two similar technical structures ended up with a blow-off rise, even when in a downtrend.
Please like, follow and comment!!
Notes:
This is a continuation of this trading plan:
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Also doing account management, earn +15% monthly profit!
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.