Dow Jones Bearish 121 Pattern
I don't know if the market will crash like in 1929, but there is a 121 pattern with a nice price reaction,
Stop loss just above the recent high and no take profit (we never know),
if price reach the green line and react, we will have a Wolfe Wave pattern (maybe time to take profit and reverse),
if not, the trade will go on...
Happy Trading! :)
Stop loss just above the recent high and no take profit (we never know),
if price reach the green line and react, we will have a Wolfe Wave pattern (maybe time to take profit and reverse),
if not, the trade will go on...
Happy Trading! :)
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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.