DOW JONES (1h) Death Cross turning into a buy signal soon.
Dow Jones is trading inside a Channel Up that is long term supported by the MA50 (1d).
On Monday we will see a Death Cross (1h), which inside the Channel Up has been usually formed halfway through a Channel Down/bearish leg that forms the new Low.
Trading Plan:
1. Buy by next Wendesday the latest.
Targets:
1. 46000 (under a +8.31% rise from the last Low, which is where the October 18th High was priced).
Tips:
1. The RSI (4h) tends to form a bottom when it hits 30.00 (oversold limit). Be ready to buy if it hits that level earlier than next Wednesday.
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Notes:
Past trading plan:
On Monday we will see a Death Cross (1h), which inside the Channel Up has been usually formed halfway through a Channel Down/bearish leg that forms the new Low.
Trading Plan:
1. Buy by next Wendesday the latest.
Targets:
1. 46000 (under a +8.31% rise from the last Low, which is where the October 18th High was priced).
Tips:
1. The RSI (4h) tends to form a bottom when it hits 30.00 (oversold limit). Be ready to buy if it hits that level earlier than next Wednesday.
Please like, follow and comment!!
Notes:
Past trading plan:
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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.