DOW JONES Take advantage of this excellent channel!

449
Dow Jones is trading inside a Channel Up for the past three weeks. With the use of the Fibonacci Channel we clearly see the heavy varience levels within 0.236 - 0.786. We will buy low and sell high for as long as the pattern remains valid.

Trading Plan:
1. Buy on the current 4H candle.
2. Sell at 34300.
3. Buy at 33900.
4. Sell at 34400.

Targets:
1. 34300.
2. 33900.
3. 34000.
4. 33950.

Tips:
1. The 4hour RSI is inside a range that matches perfectly the highs and lows of the Channel. Use it for additional confirmation of entries/ exits.

Please like, follow and comment!!

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.