VasilyTrader

Dow Jones (US30): Bullish Move From Key Level Explained

Long
BLACKBULL:US30   Indice Dow Jones Industriel Moyen

Dow Jones Index is trading in a bullish trend.
After the price set a new higher high on a daily, it retraced to a key daily structure support.
A doji candle was formed on that.

Analyzing a 4H time frame, we can spot a confirmed bullish breakout of a resistance line of a falling channel and an inverted h&s pattern formation with a violated neckline.

These bullish clues make me think that the price may bounce.
Goals will be 34820 / 35050

❤️Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.