Long
1HR Dow Jones Stimulus Movement?
Looks like Dow Jones broke to the upside of the rising wedge from March 2020 also confirmed it as support after breaking out. We are in an ascending channel which is shown by the blue trend lines. I would be of caution if we stay in the bottom part of the channel. This might indicate that we will fall out of this channel and might be due for a correction.
Indicators:
EMA Ribbons
RSI
Leave a like, comment some feedback, and follow for future updates :D
Happy Trading!
Indicators:
EMA Ribbons
RSI
Leave a like, comment some feedback, and follow for future updates :D
Happy Trading!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.