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albert.callisto

US30 - channel progress and regression line being tested

Long
Dow Jones Industrial Average Index (FX:US30)  
albert.callisto Updated   
FX:US30   Dow Jones Industrial Average Index
0
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PA is currently filling an uptrend channel. PA has been supported by lower channel side and is currently testing the 3/4 lower regression line. If it breaks it, I expect the PA to join the middle line.

  • Idea is to open a long entry as soon as the intermediate line is broken.
  • TP around the middle line level.
Trade active:
Trend broke the line and is moving towards the center line as expected.
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