Dow Jones is above the MA50 (4h), approaching the Falling Resistance of the February 14 Top.
It also is on the 0.382 Fibonacci level, so a rejection is quite probable.
The long term bottom though is in as the price is rising on a Triple Bottom.
Trading Plan:
1. Sell the Resistance rejection.
2. Buy a break over Fibonacci 0.5 and MA200 (4h).
Targets:
1. 32100 (MA50 (4h)).
2. 33600 (Resistance 1).
Tips:
1. The RSI (4h) is rising steadily on Higher Lows. This shows a sustainable move and serious attempt to break the Falling Resistance this time.
Please like, follow and comment!!
Notes:
This is a continuation of this long term trading plan:

It also is on the 0.382 Fibonacci level, so a rejection is quite probable.
The long term bottom though is in as the price is rising on a Triple Bottom.
Trading Plan:
1. Sell the Resistance rejection.
2. Buy a break over Fibonacci 0.5 and MA200 (4h).
Targets:
1. 32100 (MA50 (4h)).
2. 33600 (Resistance 1).
Tips:
1. The RSI (4h) is rising steadily on Higher Lows. This shows a sustainable move and serious attempt to break the Falling Resistance this time.
Please like, follow and comment!!
Notes:
This is a continuation of this long term trading plan:

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Also doing account management, earn +15% monthly profit!
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
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! 💰
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.