The Dow Jones Might Recover From Its Losses
After the significant price losses, a recovery in the Dow is expected on the last two trading days of this week.
The price target lies between the 38.2% and 50% retracement of the entire downward movement, which is a conservative choice.
The price target lies between the 38.2% and 50% retracement of the entire downward movement, which is a conservative choice.
Note
After the last trade was stopped, we try another long trade with
SL 42.175
TP 42.818
RRR 2:1
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.
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.