Cup and Handle recently formed on Dow Jones.
This broke the downtrend and now price has decided it's going bullish from here on.
Indicators look strong for upside.
7>21>200 - Bullish
RSI>50
SMCANALYSIS
There was a Break of Structure UP which helps confirm with the upside to come.
We can place the stop loss below the handle by the Sell Side Liquidity levels.
Target 34,826
This broke the downtrend and now price has decided it's going bullish from here on.
Indicators look strong for upside.
7>21>200 - Bullish
RSI>50
SMCANALYSIS
There was a Break of Structure UP which helps confirm with the upside to come.
We can place the stop loss below the handle by the Sell Side Liquidity levels.
Target 34,826
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.
🌐NEW Website 2025:
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
mati-trader.lovable.app/
✅ Facebook:
facebook.com/groups/matitrader
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.