Dow Jones wants to make an upside breakout What can the price do
It seems that the US market Dow Jones wants to make an upside breakout. Which is telling based on weekly and daily candle.
What can the price do?
Let's see its possibilities....
1. If the price is rejected by the resistance trade line passing above, then the support line passing below is a very good place to buy.
2. If the price goes straight up, the risk may increase slightly. A pullback can be expected. If it can come almost to the breakout line then it will be suitable. 41200 and 43200 prices have room to go. But it takes a lot of time.
Note: 1.The reports of the election of the President of the United States are being received, which you should also take into consideration.
2. We do not give you any advice to buy or sell. Be sure to seek the help of your financial advisor.
What can the price do?
Let's see its possibilities....
1. If the price is rejected by the resistance trade line passing above, then the support line passing below is a very good place to buy.
2. If the price goes straight up, the risk may increase slightly. A pullback can be expected. If it can come almost to the breakout line then it will be suitable. 41200 and 43200 prices have room to go. But it takes a lot of time.
Note: 1.The reports of the election of the President of the United States are being received, which you should also take into consideration.
2. We do not give you any advice to buy or sell. Be sure to seek the help of your financial advisor.
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