DOW JONES inside a bearish wave. Expect lower prices.
Dow Jones is trading inside a Channel Up since August.
However at the moment it is still on a bearish wave.
Three out of four bearish waves of this Channel Up hit the MA50 (1d) before reversing.
With the price rejected now on the MA50 (1h), this is still a sell opportunity.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 43000.
Tips:
1. The RSI (1h) is also declining. Once it turns sideways, it will be the signal to reverse to buying.
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However at the moment it is still on a bearish wave.
Three out of four bearish waves of this Channel Up hit the MA50 (1d) before reversing.
With the price rejected now on the MA50 (1h), this is still a sell opportunity.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 43000.
Tips:
1. The RSI (1h) is also declining. Once it turns sideways, it will be the signal to reverse to buying.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
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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.