Long

Dow Jones Index | End Of The Bearish Scenario?

You are looking at the 4H chart of Dow Jones Index ( US30 ). As you see, the price experienced a bearish daily channel for almost a month.

But finally, the breakout had done and the retest action happened with the last 4H candle of the last week.

Supposedly, we will see a possible bullish scenario in the next week. The price may rise till the next resistance levels around ( 35000 ) and the other higher one around ( 35400 ).

The Entry Point will be perfect at this level after the price confirm the bullish in the next 4H candle.

Don't Forget: "The Market Is Always Right"

So nobody can predict the market, good traders only react to it!
bearishchannelflagBeyond Technical AnalysisbullishsetupbuydowjonesdowjoneslongLONGparallelchannelsTrend AnalysisUS30us30long

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