The previous ceiling has been reached and the price has fallen, and since the trend is sharply upward, I believe the price can reach the specified ceiling. Of course, I am completely risk averse on the second target.
The price has touched this base once and is now unable to fall, so I expect the price to rise above the upper base.
The price hit the previous high before falling, in my opinion this blue trend break is fake and the price will hit a new high after small corrections.
What is our market structure? Well done, bearish, now an ascending channel has been created that has broken the bottom twice and the price has been directed upwards; now, however, the trend strength is not good and I think the price will fall.
After breaking the uptrend, making higher lows and a bullish chart structure, the price has now hit a support area and I expect an uptrend.
I think this is the best situation for Dow Jones, After the break of the daily trend, the price returns to the previous ceiling and the inability to break the floor, strong bearish candles, in my opinion, indicate a decline.