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TAGaganDeep

Rounding Pattern Breakout In Dow Jones

Long
Dow Jones Industrial Average Index (CURRENCYCOM:US30)  
TAGaganDeep  
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns dowjones nasdaq100 sgxnifty Indices chartoftheday forexsignals forextrading mt4
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trendanalysis chartpattern dowjones nasdaq100 sgxnifty indices chartoftheday forexsignals forextrading mt4
The US benchmark index has given a rounding pattern breakout on hourly chart.
Though the breakout was given just an hour before market close on 4th Dec 2020, but today's gap up has continued the upside.

As per the bullish breakout of the pattern, dow jones can touch app 30850 - 31000.
And as per the current chart scenario one can buy with a stop loss below 30100.
Current price 30,225.
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