Bear2020s

Small Butterfly Could Start Dow Downtrend

Short
TVC:DJI   Dow Jones Industrial Average Index
As per my previous analysis, after making a strong breakout of support Dow can go a lot lower. We've seen a bigger move up and the formation of a butterfly pattern. This gives selling opportunities using stop losses from the 5 - 15 min butterfly pattern and targeting the larger move of the trend. This can be 1:20 - 1:30 RR upwards.
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