ProficientForex

Dow Jones: Awaiting Confirmation for Diagonal Pattern

Short
FOREXCOM:US30   Dow Jones Industrial Average Index
In the 240-minute chart, the Diagonal pattern is formed in the V wave, to get the confirmation for the downtrend as well as this pattern, the price needs to cross the range of 29722. The initial target of this downtrend is around 28900 area, (according to the Diagonal pattern target)

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