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TradingShot
Jul 30, 2021 5:47 PM

DOW JONES can rally on this Inverse Head & Shoulders Long

Dow Jones Industrial Average IndexTVC

Description

Pattern: Channel Up on 1D.

Signal: Buy as the price is about to complete an Inverse Head and Shoulders within the Channel, similar to January/ February.

Target: 36450 (the 2.0 Fibonacci extension).



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Comments
absetion
That's an inverse head and shoulder pattern, that is used for reversal movements, in this case, this still going up
Trend_Chasin
@absetion, It still can play out in the same way. It is reversing off the bottom of the channel ya dunce
aox8zs
I see the Future.. You see too....5 days long
VasilyTrader
I guess we have a similar view on that. Well done!
financialflagship
Quality content, thanks for sharing. 🔥🔥
aox8zs
GDP is stroong: 8,40 6,40. This is a wonder. We will happier.::::))))))
Barrabert
@aox8zs, 😆 this whole world is a wonder.
aox8zs
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