Dowjones going towards 36078
The resent pattern formation of Dowjones looks to be making a Flag formation and a rising flag.
I am of belief that this will make 3-3-3-3-3 zig zag movements in this flag.
3 days ago, if Dowjones have not closed above the bottom trendline, then i would have thought of this as a diverging broadening pattern.
But closing above the bottom trendline comfortably is the confirmation that this is a FLAG pattern and that DJIA can move upto 36078 before gain falling to meet to lower trendline.
Traders, should wait for a dip of 300-500 points and then go for long to meet 36078.
I am of belief that this will make 3-3-3-3-3 zig zag movements in this flag.
3 days ago, if Dowjones have not closed above the bottom trendline, then i would have thought of this as a diverging broadening pattern.
But closing above the bottom trendline comfortably is the confirmation that this is a FLAG pattern and that DJIA can move upto 36078 before gain falling to meet to lower trendline.
Traders, should wait for a dip of 300-500 points and then go for long to meet 36078.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.