US30
The chart shows the Dow Jones Industrial Average index on a 1-hour timeframe. A recent strong bearish movement can be observed, with consolidation following a sideways range.
The red zone indicates the potential range for a short (sell) trade at the 38,818 level, while the green area represents the potential downside target around 37,258 points.
Therefore, the move could represent a total of 1,559.33 points, or pips, in the Dow Jones index.
The red zone indicates the potential range for a short (sell) trade at the 38,818 level, while the green area represents the potential downside target around 37,258 points.
Therefore, the move could represent a total of 1,559.33 points, or pips, in the Dow Jones index.
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