DOW JONES Key trade focused on the MA50 (4h).
Dow Jones has been trading inside a Channel Up since the October 27th Low.
The MA50 (4h) has been the main support throughout this time, having stayed unbroken since November 1st.
Trading Plan:
1. Buy on the current market price as long as the MA50 (4h) holds.
2. If the MA50 (4h) breaks, sell.
Targets:
1. 38550 (+4.06% rise, the lowest throughout the Channel Up).
2. 36400 (the MA200 4h).
Tips:
1. The RSI (4h) has been trading under a Falling Resistance, which indicates a potential Bearish Divergence. It favors a break under the Channel Up.
Please like, follow and comment!!
Notes:
Past trading plan:
The MA50 (4h) has been the main support throughout this time, having stayed unbroken since November 1st.
Trading Plan:
1. Buy on the current market price as long as the MA50 (4h) holds.
2. If the MA50 (4h) breaks, sell.
Targets:
1. 38550 (+4.06% rise, the lowest throughout the Channel Up).
2. 36400 (the MA200 4h).
Tips:
1. The RSI (4h) has been trading under a Falling Resistance, which indicates a potential Bearish Divergence. It favors a break under the Channel Up.
Please like, follow and comment!!
Notes:
Past trading plan:
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰