DOW JONES Bottom formation completed.
Dow Jones / US30 has formed the 2nd leg of the bottom sequence on the Rising Support and the 0.236 Fibonacci level at the bottom of the Channel Up.
This is a similar formation to May, also on a Rising Support. Once the Falling Resistance broke, the price almost reached the 0.786 Fibonacci level, before making a Higher High.
The CCI between the two patterns is also indentical.
If the price crosses over the 4hour MA50, buy and target 35200.
Previous chart:
Follow us, like the idea and leave a comment below!!
This is a similar formation to May, also on a Rising Support. Once the Falling Resistance broke, the price almost reached the 0.786 Fibonacci level, before making a Higher High.
The CCI between the two patterns is also indentical.
If the price crosses over the 4hour MA50, buy and target 35200.
Previous chart:
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.