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DOW JONES (US30) Trend Following Setup Explained
Indeks Rata-Rata Industri Dow Jones
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DOW JONES (US30) Trend Following Setup Explained
Oleh VasilyTrader
Ikuti
Ikuti
29 Feb 2024
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29 Feb 2024
https://www.tradingview.com/x/i6mhBhV7/
Dow Jones Index is currently retesting a recently broken horizontal resistance.
Because the trend in strongly bullish, a buying wave may initiate from the underlined
blue area.
Our confirmation will be a bullish breakout - 4H candle close above a resistance line of a bullish flag pattern.
A bullish continuation will be anticipated to 39080 / 39200 levels then.
If the price drops and sets a new lower low, the setup will become invalid.
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