Dow Jones / US30 is posting a Bull Flag pattern on the 4hour timeframe, currently between the 4hour MA50 and MA200.
The last time we came across this pattern was with the early September Bull Flag.
Both patterns started after a +8.20% rise on the index.
If the new one repeats September's, then we should see an immediate rally to the 1.5 Fibonacci.
Buy and target 46700.
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The last time we came across this pattern was with the early September Bull Flag.
Both patterns started after a +8.20% rise on the index.
If the new one repeats September's, then we should see an immediate rally to the 1.5 Fibonacci.
Buy and target 46700.
Follow us, like the idea and leave a comment below!!
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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.
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.