US30USD: Potential Right Shoulder and Bearish Gartley at HOP
The Dow Jones Industrial Average is forming a Potential Right Shoulder within an Ascending Broadening Wedge pattern and in this Right Shoulder, we can see a Potential Bearish Gartley at the HOP level with PPO confirmation. If it plays out, we will confirm a Partial Rise and increase the chances of a full on breakdown below this wedge pattern which at the very least would take us to the lows of the entire range.
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