Hello Traders,
I'm expecting the Dow Jones to have a bigger pull back this week possibly bottoming out at 27950. For now, I see a possible entry for a double top on H4 to finish the 4th leg of the Daily Big Bullish M Pattern. Overall, I see price making a new high in the future. If we don't pull back to 27950, then the next sell entry will be at 29300
I'm expecting the Dow Jones to have a bigger pull back this week possibly bottoming out at 27950. For now, I see a possible entry for a double top on H4 to finish the 4th leg of the Daily Big Bullish M Pattern. Overall, I see price making a new high in the future. If we don't pull back to 27950, then the next sell entry will be at 29300
Trade active:
If you're currently in this trade, you should already be at Break Even and half of your position should be out at a 1:4 R:R. Let the rest run to the desired target.
Trade active:
Market is moving nicely
Trade closed: target reached:
Take Profit hit. Follow my account to be updated with more signals.