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DOW JONES 1hour Channel Up on its bottom. Buy.
Dow Jones Industrial Average Index
Long
DOW JONES 1hour Channel Up on its bottom. Buy.
By TheCryptagon
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Oct 21, 2024
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Oct 21, 2024
Dow Jones / US30 is trading inside a Channel Up and the price hit its bottom today.
By doing so it almost tested the 1hour MA200, which is holding since October 9th.
Also it completed a decline identical in % terms with the first one of the pattern.
This is a strong buy opportunity. Buy and target 43,450 (top of the Channel Up).
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Chart Patterns
DJI
DOW
dowjones
Technical Indicators
Trend Analysis
US30
YM1!
TheCryptagon
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