VasilyTrader

Dow Jones Index (US30): Consolidation & Indecision 📈

Long
VasilyTrader Updated   

Hey traders,

US30 is contracting within a descending triangle formation.
It looks like the market participants are waiting for some fundamental trigger.

If the price breaks the resistance of a triangle, a bullish continuation will be expected.
If the price breaks its support, then the market will most likely drop.

Be patient and wait for a breakout.

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