Dowjones path and direction
Hello everyone
Dowjones started a uptrend in April 2020
Dowjones broke this uptrend in start of Sep 2020
However price found support on the blue trend line
and now price is stuck inside a tringle wait for breakout in any direction for clear path
Daily candle close is very important watch for that around the tringle
watch for RSI divergence reaction
Note: the zone on below the tringle is a very strong zone watch that area for Reversal
Dowjones started a uptrend in April 2020
Dowjones broke this uptrend in start of Sep 2020
However price found support on the blue trend line
and now price is stuck inside a tringle wait for breakout in any direction for clear path
Daily candle close is very important watch for that around the tringle
watch for RSI divergence reaction
Note: the zone on below the tringle is a very strong zone watch that area for Reversal
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.