Dow Jones Industrial Average (DJIA) - Short-Term Position

Dow Jones Industrial Average (DJIA) - - Short-Term Position

The chart shows the price movement of the DJIA over H1 timeframe.
The current price is 39,274.22 USD
The chart appears to be double top .

Short-Term Position:

Given the double top a short-term trading position could be to enter a long trade (buying) near the support level (lower trendline) in anticipation of a price bounce and continuation of the downtrend

Comment:

we are here so closed to our target

Trade closed: target reached:

Dow Jones Industrial Average (DJIA) - - Short-Term Position

The chart shows the price movement of the DJIA over H1 timeframe.
The current price is 39,274.22 USD
The chart appears to be double top .
congratulation traders our target will hit successfully
for more analysis keep follow like comment and share